A man who allowed his bank accounts to be used to facilitate an international invoice redirection fraud will be sentenced later for money laundering. Detective Garda Shane Fitzsimons told Sinéad McMullan BL, prosecuting, gardaí were contacted in relation to a fraudulent payment of €39,251 which was received into Coughlan’s AIB, bank account. The company had been contacted days previously and asked to change the bank account details for onward payment to their supplier. A French plastics company transferred €120,000 into Coughlan’s Bank of Ireland account after the company was directed to amend the bank details of their supplier before making payment. Coughlan told gardaí in interview he was contacted by some Nigerian men who asked if they could use his bank account to set up a business.

Source: Irish Independent July 13, 2021 16:30 UTC