‘He is accused of laundering €250,000’

investigation into fraudulent selling on second-hand websites across Europe and the subsequent laundering of the proceeds of these crimes through a network of bank accounts that were opened by using false identities.

Another man in his late 20s was arrested and charged on January 28 last, as part of this investigation before appearing in court the following day.

Mr Olteanu is accused of 11 counts of money laundering, totalling €250,000 in alleged crime proceeds.

He is also accused of using false documents, including fake IDs to set up companies, and one charge of theft.

Mr Olteanu was remanded in custody at Cloverhill Prison until February 11, pending preparation of a book of evidence.