Man released without charge in relation to 'Ghost Broker'

A man in his mid 30s who was arrested  has has been released without charge, as part of an ongoing investigation surrounding the activities of an insurance 'Ghost Broker'.

As part of an on-going Investigation surrounding the activities of an Insurance ‘Ghost Broker’, Gardaí from the Special Investigation Unit DMR Traffic, conducted numerous searches yesterday morning.

Gardaí from the DMR Traffic were assisted by members from the Criminal Assets Bureau and the Cyber Crime Unit. During the searches a large amount of cash was seized along with a number of high value watches, five cars, an imitation firearm and a small quantity of drugs. Six bank accounts with an amount in excess of €200,000 has also been frozen.

Further searches are currently being undertaken.