DUBLIN, Ireland - A man in his 20s has been arrested in Dublin as part of an investigation into the laundering of the proceeds of smishing and business email compromise (BEC) frauds.
The arrest followed a search carried out Friday by the Garda National Economic Crime Bureau (GNECB) on a home in Dublin 15.
The search was conducted as part of Operation SKEIN. During the course of the search, a car, mobile phones, financial records, and various items of clothing were seized as part of the investigation.
The man in his 20s was arrested at the scene for suspected gangland offences.
He is currently detained at a Garda station in Dublin.
Gardai say investigations are ongoing.