A man in his 30s has been arrested in Dublin in connection to a invoice re-direct fraud scheme.
Gardaí say €15 million has been stolen globally by criminals in relation to these types of frauds.
The believe up to €9 million euro has been laundered through bank accounts of gangs and money mules in Ireland.
This latest arrest was made in the Milltown area of Dublin 14 today.
The suspect is being detained at Blackrock Garda Station.