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:
Work To Begin Shortly In Effort To Improve Wicklow Port
Bed-levelling works are due to begin shortly in Wicklow Port.
Protests Outside The Taoiseach's House In Greystones
A protest was held outside the Taoiseach's home last night.
Oil Spill On Wicklow Beaches Is Danger To Wildlife
Authorities are trying to find the source of an apparent oil spill which appears to be causing major issues for wildlife along the Wicklow and Wexford coast.
Bray Housing Estates Benefit From New Defibrillators
Earlier this week, seven estates in Bray were presented with Cardiangel semi-automatic Defibrillators and Rotaid Solid Plus Heat LED Alarmed cabinets.
Man Released Without Charge After Public Order Incident In Aughrim.
A man (30s) arrested in connection with a serious public order incident in Aughrim has been released from Garda custody without charge.
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