South Dublin Man Held In Suspected Mortgage Fraud Investigation

A man remains in Garda custody this morning over a suspected mortgage fraud worth more than four million euro.

He was arrested in the Rathfarnham area of South Dublin yesterday.
A Garda investigation was launched after a number of financial institutions raised concerns over 109 mortgage applications. The total value's reported to be in excess of four million euro. It led to a number of searches at premises in the Rathfarnham and Templeogue areas of Dublin.
In those a large amount of documents and computers were seized.
At around 7am yesterday a man was arrested at his home in Rathfarnham in connection with the investigation. He's being held at Rathfarnham Garda Station under Section 50 of the Criminal Justice Act.