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Tuesday 2 September 2014

Man (53) arrested following recovery of up to €10m in counterfeit cash

Published 17/04/2014 | 20:34

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A large amount of counterfeit cash was recovered after a search of a lock up premises in north Dublin.
A large amount of counterfeit cash was recovered after a search of a lock up premises in north Dublin.

A 53-year-old man has been arrested following the discovery of a large-scale counterfeit currency operation in Co Dublin.

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It is believed that up to €10m in fake €50 notes was recovered yesterday after a search of a lock up premises in Baldoyle, north Dublin.

Members of the Garda Special Detective Unit became involved after they received information as to the existence of the currency scam.

In follow up investigations earlier today, searches were carried out in the Coolock and Artane areas of Dublin.

Printing and computer equipment were also seized during these searches.

The arrested man is currently being detained at Coolock Garda Station under Section 4 of the Criminal Justice Act 1984.

It is believed the Real IRA are involved and a member of the general public may have been coerced by them to help with the massive counterfeit operation. 

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