A pizza deliveryman has been refused bail after he was charged in connection with an invoice redirect fraud worth €2.8 million.
Atis Saaed (28) from Pakistan but with an address at Churchwell Road, Belmayne, Dublin, was arrested during an investigation into a case of money laundering.
Det Sgt Seán McClafferty told Judge Gráinne O’Neill at Dublin District Court that Mr Saaed made no reply when charged with laundering €5,000 contrary to Section 17 of the Criminal Justice Money Laundering and Terrorist Financing Act.
He said a more serious charge could be brought against the defendant who moved to Ireland last year. He objected to bail citing the seriousness of the charges.
The court heard a data storage facility was being built for a Dublin 14-based company which allegedly received an email it believed to be from the construction firm looking for payment of €2.8 million and stating they had changed bank accounts.
The money was sent to this account by the company, which later became aware the emails sent to them were fraudulent. It was alleged the account had been set up by the accused and others who had been at his address.
There were four transfers of €39,000 to four bank accounts in his name and it was also alleged he transferred money to a person in the UK.
The court heard the accused worked as a pizza deliveryman and earned €200 a week but he was not registered for employment.
Mr Saaed was remanded in custody to appear via video-link at Cloverhill District Court next Thursday.