Ireland at the centre of a probe into a new money laundering scheme by crime gangs


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IRELAND IS AT the centre of an international money laundering operation in which global criminal gangs are buying millions of euro of legitimate products to mask stolen money. Detective Chief Superintendent Pat Lordan, the head of the Garda National Economic Crime Bureau (GNECB), spoke to The Journal at the European Anti-Financial Crime Summit. Lordan said that his detectives have seen significant successes against organised crime groups but that more work and adequate resourcing is needed to continue that trend. “We’ve increased detections, charged and convicted more people – we’ve increased preventative methods – taken on organised crime groups. “A lot...