Criminals have made around 1,000 transactions in other people's bank accounts to launder over 12-million euro since January.
The Banking and Payments Federation says fraudsters are on the hunt for young people to recruit as 'Money Mules'.
It involves moving stolen funds through bank accounts in an attempt to launder the money.
Director of Public Affairs at the BPFI Olivia Buckley says there are grave consequences for those people who engage with the gangs:
Irish Coast Guard, RNLI and Water Safety Ireland urge everyone to 'Unite to Turn the Tide
July has been one of the busiest months in years for rescue services, with warm weather bringing more people to Wicklow beaches, rivers and lakes.
Bray Wanderers Head To Cobh Amid Apparent Cross-Channel Interest In Seagulls Talent
New Laws Boost Protection In Wicklow Mountains National Park
A dedicated National Parks Bill will put nature conservation first and help manage growing visitor numbers.
Woman Dies In Waters At Wicklow Beach
The incident occurred on the outskirts of Wicklow town, near the Blainroe golf club.
Wicklow Housing Remains Ireland's Most Expensive Outside Dublin
Strong demand, low vacancy and limited housing stock are keeping county prices elevated.
8:00pm - 10:00pm
Love Songs on the Coast
Light rain
High: 22°C | Low: 17°C
Sunny intervals
High: 23°C | Low: 16°C
Medium-level cloud
High: 23°C | Low: 16°C
Light rain
High: 22°C | Low: 16°C
Medium-level cloud
High: 23°C | Low: 17°C