A 37-year-old man is set to stand trial, accused of laundering €355,000 linked to an alleged romance fraud targeting a Finnish victim.
Ayo Egbon, with an address at Broomhill House, Swords Road, Dublin, faces charges under money laundering legislation. The alleged offences occurred over a three-year period between February 2017 and February 2020, and again in July 2021.
Prosecutors claim Mr. Egbon knowingly acquired, possessed, or used over €250,000 in a Permanent TSB account during the initial period. A further €100,000 was allegedly transferred or held in 2021.
At a previous hearing, it was alleged that the funds were the proceeds of a romance fraud scheme, with the injured party residing in Finland.
The Director of Public Prosecutions has directed the case to proceed to the Circuit Court, which can impose stricter sentences if a conviction is secured.
Mr. Egbon is currently on bail under strict conditions, including a ban on accessing dating or matchmaking websites and the surrender of his passport.
The case is scheduled for mention on February 27th.
