Gardai arrest one man in ATM Transaction Reversal Fraud

AS PART of ongoing investigations targeting international criminal organisations committing cyber enabled frauds in Ireland, detectives from the Garda National Economic Crime Bureau (GNECB) carried out an operation in Dublin City on Friday, September 11.

During the operation a 34-year-old Romanian national was arrested in Dublin City. He is currently detained at Store Street Garda Station under Section 50 of the Criminal Justice Act, 2007. He can be held for up to seven days.

The investigation into transaction reversal frauds was reported by a financial institution on the January 13, 2020. Between January 8 and 10, 2020, 18 ATM machines were targeted in Dublin resulting in the theft of money from customers’ accounts and damage to the ATMs.

GNECB continue work closely with UK Police and Europol in targeting criminal organisations engaged in cyber enabled fraud in this jurisdiction.

Investigations are ongoing and further updates will follow.