Man arrested in Tallaght on suspicion of fraud
UPDATE: The 27 year old man arrested yesterday, as a part of an ongoing investigation being conducted by the Garda National Economic Crime Bureau into sim-swapping, account takeover and money laundering has been released without charge.
A file will now be prepared for the Director of Public Prosecutions.
A MAN was arrested on Thursday morning (August 25) in the Tallaght area as part of an ongoing investigation into sim-swapping, account takeover and money laundering.
The operation was conducted by the Garda National Economic Crime Bureau (GNECB).
As part of an extensive garda investigation into fraudulent sim swap attacks targeting customers of an Irish commercial bank which incurred losses of approximately €200,000 and for which a man has been charged and convicted, gardai at GNECB identified a supplier of SIM cards used to facilitate smishing/sim swap fraud.
On Thursday morning, gardai from the GNECB conducted a search at a residence in the Tallaght area, where they arrested a man as part of this investigation.
The man, aged 27, is currently being detained at Clondalkin Garda Station under Section 50 of the Criminal Justice Act.