A young man in his 20s has been arrested in connection with the money laundering of €1.5 million.
Dublin Gardai made the huge sting on November 2 as part of an ongoing surveillance operation.
The arrested man in his 20s is held on suspicion of laundering the massive sum of cash over a two month period.
This laundering included an astounding €20,000 and €40,000 per lodgement in €50 notes which were processed almost every day.
The male was detained at Store Street Garda Station and has since been charged.
A Garda spokesman said: "The Garda National Economic Crime Bureau (GNECB) have arrested a man in connection with the money laundering of €1.5 million, in an operation carried out 2nd November 2020.
"As part of an ongoing surveillance operation, detectives attached to GNECB arrested a male in his 20’s on suspicion of laundering cash over a two month period."
He continued: "This involved the lodgement of large amounts of cash into automatic lodgement machines in bank branches using a third party’s bank card.
"Amounts of between €20,000 and €40,000 per lodgement in €50 notes were processed almost every day. Once lodged, the money was immediately transferred outside the jurisdiction."
He added: "The male was detained at Store Street Garda Station under Section 4 of the Criminal Justice Act 1984 as amended. He has since been charged is due to appear before the Criminal Courts of Justice."
