‘Professional’ money mule recruiter arrested after being on the run
Man in his late 20s being questioned at a Dublin Garda station
May 25 2021 02:56 PM
A man arrested as part of a long-running investigation into an international invoice redirection fraud is suspected of being a “professional” money mule recruiter.
The suspect, who is aged in his late 20s, is still being questioned today at Lucan garda station and sources said he “had been on the run” for a considerable amount of time abroad.
The investigation is being carried out by gardaí at the Money Laundering Investigation Unit (MILU) of the Garda National Economic Crime Bureau (GNECB).
“The invoice redirect fraud that is at the centre of this case happened over three years ago and the arrested man is suspected of recruiting money mules who allowed their bank accounts to be used to store the proceeds of this crime,” a senior source said.
“Like the way many drug addicts become drug dealers to supply their associates, in this fraud world, many money mules also become recruiters by suggesting to their friends they get involved for financial gain.
“However in the instance of the suspect who was arrested in west Dublin yesterday, it is suspected that he had a more professional role in terms of recruiting other individuals in this criminal enterprise.
“It is believed he had a higher role in the food chain.”
Gardaí announced details of the arrest operation this morning, outlining that the suspect can be detained for a week from the time of his arrest under organised crime legislation.
“Gardaí suspect the male is involved in the recruitment of money mules. He was arrested for an offence contrary to Section 73 of the Criminal Justice Act, 2006,” a spokesman said.
“He is currently being detained under the provisions of Section 50 of the Criminal Justice Act, 2007, at Lucan garda station. He can be held for up to seven days,” he added.