Laois man obtained 50% of funds from ‘phishing scam’

Laois man obtained 50% of funds from ‘phishing scam’

Portlaoise Courthouse

A MAN who allegedly obtained almost 50% of the funds that were illegally taken from a bank account in what was described at Portlaoise District Court last week as a ‘phishing scam’ was remanded on continuing bail.

Before the court was Stephen Considine (30), Kilminchy Place, Kilminchy, Portlaoise. He is charged under the Criminal Justice (Money Laundering and Terrorist Financing) Act 2010 of laundering €4,290 on 28 June 2023.

Garda Sgt JJ Kirby alleged that defendant received the funds from a PTSB account into his Revolut account and, in turn, allegedly transferred it into another unnamed person’s Revolut account.

Mr Considine’s solicitor Philip Meagher said that his client “received a sizeable percentage, almost 50%, but will make good the loss, with the assistance of his family.” Judge Susan Fay noted: “This in on the higher end of money laundering. I need time to reflect on whether I will accept jurisdiction (to be heard at district or circuit court level).” She went on to remand Mr Considine on continuing bail to the 18 May sitting of the court.

Funded by the Court Reporting Scheme.

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