A man has been arrested in Dublin suspected of carrying out fraudulent mortgage applications worth €4 million.
The man was found to have over 109 suspect mortgage applications across various financial institutions.
The man was arrested at his home in Rathfarnham on Tuesday morning following searches at premises in the area and Templeogue.
Documents and computers were also seized.
A garda spokesman said: "Gardaí attached to the Serious Economic Crime Investigation Unit are currently investigating a number of complaints from various financial institutions relating to fraudulent mortgage applications.
"Over 109 suspect mortgage applications, with a value in excess of €4 million, have been submitted to these financial institutions.
"As part of this investigation, searches were carried out at premises in the Rathfarnham and Templeogue areas of Dublin. A large quantity of documents and computers were seized during the course of these searches.
"On the 4th of February 2020 at approximately 7am, a male was arrested at his home address in Rathfarnham, Dublin 14 on suspicion of the offence of Conspiracy contrary to Section 71 of the Criminal Justice Act 2006.
"He was conveyed to Rathfarnham Garda Station where he is currently detained under the provisions of Section 50 of the Criminal Justice Act 2007."
