During the course of the arrest, a large amount of potential evidence was seized including phones, laptops, bank cards and other documents.
The man is currently being detained under the provisions of Section 50 of the Criminal Justice Act, 2007 at Balbriggan Garda Station and can be detained for up to 7 days.
The arrest was made in relation to an offence of directing a criminal organisation, contrary to Section 71A of the amended Criminal Justice Act, 2006.
This arrest is the third person arrested for directing the criminal organisation.
It is known now that this criminal organisation have stolen over â¬14 million worldwide in invoice redirect frauds.