Five people have been arrested – including some in Tipperary – as part of an investigation into invoice fraud.
It’s understood €750,000 were stolen in the scheme which involves fake suppliers e-mailing companies and telling them to redirect their payments.
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Dublin Zoo was among those targeted.
Three searches were carried out in Tipperary this morning and one in Dublin.
Three men and two women have been arrested – they are being held for questioning at Clonmel, Cahir and Tallaght Garda stations.