A man has been arrested in Dublin in connection with an investigation into the theft of over €1M in invoice redirect fraud.
The man, who is in his 20s, was arrested today and is currently detained at Tallaght Garda station under Section 50 of the Criminal Justice Act, 2007.
He's the third person arrested under Operation Parade which is looking into the theft of €1.1 million from a Dublin based company last November.
Officers from the Garda National Economic Crime Bureau (GNECB) say the company was tricked into handing over money after a trading company told them that their bank account was changed.
Investigations are ongoing.