Fraud and money laundering charges
31 Oct 2009
Detectives from the Police Service of Northern Ireland Organised Crime Branch have charged a 45-year-old man with a large number of charges including fraud by misrepresentation and money laundering.
A 52-year-old man has been charged with a large number of charges including conspiracy to defraud.
Both men are expected to appear at Armagh Magistrates Court on Monday 2 November.
As is normal procedure the charges are subject to review by the Public Prosecution Service.
The charges relate to a police investigation into fraud and money laundering involving more than £3 million and follows the arrest of three people at Silverbridge (outside Newry) and at Keady on Monday 26 October.
A number of properties were searched in south Armagh and Tyrone. A substantial number of documents and items of equipment were seized.
A complex and substantial investigation by Organised Crime Branch officers will continue for some time.
A 47-year-old woman has been reported to the Public Prosecution Service in connection with facilitating money laundering.
