A TEENAGER HAS been arrested in relation to an ongoing investigation into the theft of approximately €1.1 million from a Dublin-based company last year.
The man, aged in his late teens, is the fifth person to be arrested as part of Operation PARADE.
This is a garda investigation into the theft of around €1.1 million in an invoice redirect fraud from a Dublin-based company in November 2020.
Gardaí said the company received an email which they believed to be from a trading company telling them that their bank account was changed and to send the money to a new bank account.
Around €1 million of the stolen money was recovered in various other bank accounts, gardaí said.
The teenager was arrested this morning and is currently detained at Kevin Street Garda Station.
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Investigations are ongoing.