Divorced couple avoid jail for part in €180k invoice fraud

A divorced couple received fully suspended sentences at Dublin Circuit Criminal Court for money laundering nearly €180,000 stolen through an invoice redirect fraud targeting an education board. Zanab Ibrahim, aged 51, of Wolfe Tone Street in Cavan, and her ex-husband Francis Falaye, aged 54, of Lobinstown Apartment in Navan, Co Meath, pleaded guilty to the offence. The Laois and Offaly Education and Training Board was defrauded when an email purporting to come from a construction company redirected payment for school works in Tullamore to accounts controlled by the defendants. Ibrahim received €178,695 into her fashion boutique account, from which €50,000 was transferred to Falaye four days later. The fraud emerged when the genuine contractor advised non-receipt of payment. Judge Elma Sheahan imposed a suspended two-and-a-half-year sentence on each defendant, conditional on keeping the peace. Falaye was ordered to pay €1,000 to the Peter McVerry Trust. Gardaí recovered all but €1,000 of the stolen funds.