Gardaí probe 'Wolf of Wall Street wannabees' over illegal foreign exchange business

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Gardaí seized phones linked to the business last week.

Image: Shutterstock/MP_P Image: Shutterstock/MP_P TWO DUBLIN MEN who have illegally been running a foreign exchange firm without permission from the Central Bank are under investigation for a number of other white-collar offences which contravene European investment regulations, TheJournal.ie has learned.

However, many of the firm’s social media accounts remained live for a time and continued to post despite the order to cease trading. Earlier this month, gardaí seized electronic devices and documentation linked to these two men. A full investigation into their practices is ongoing. #Open journalism No news is bad news Support The Journal Your contributions will help us continue to deliver the stories that are important to youHowever, the Central Bank issued a warning earlier this year that the firm has been operating illegally in Ireland.

 

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