Search our Archive

27/07/2021

Man arrested and charged in relation to suspected investment fraud

Man arrested and charged in relation to suspected investment fraud

Gardaí in Kerry have arrested and charged a man in relation to suspected investment fraud resulting in the loss of approximately €125,000.

The man, aged in his 50s, was arrested this morning, March 15. He was detained at Tralee Garda and has since been charged.

In 2018, Gardaí in Tralee received a report from three individuals who believed they were subject to investment fraud between 2010 and 2012.

Each person had seen an article in a newspaper which offered an overseas investment opportunity with a "guaranteed return within 24 months”.

However, no money was ever returned to the would-be investors.

The man is due to appear before Tralee District Court on March 24, 2021 at 10.30am.

More News

Buy the e-paper of the Donegal Democrat, Donegal People's Press, Donegal Post and Inish Times here for instant access to Donegal's premier news titles.

Keep up with the latest news from Donegal with our daily newsletter featuring the most important stories of the day delivered to your inbox every evening at 5pm.