Courts / Dublin / Report
Worldwide investigation into invoice fraud sees pair jailed
Summary
Two men were sentenced for laundering over €160,000 in a worldwide invoice‑redirection fraud investigation. Emanuele Cocco, 29, received a ten‑month sentence for possessing €17,923 as proceeds of crime in AIB, Bank of Ireland, Revolut accounts and cash. Daniel O'Carroll, 28, was given a fully‑suspended 16‑month sentence for holding just over €26,000 in various bank accounts. Cocco is already serving a two‑year drugs sentence and will be released in December 2023; O'Carroll has no prior convictions. The judge noted Cocco's lack of direct control over the Bank of Ireland account and that the phone number linked to it was changed to O'Carroll's. Garda investigations revealed fraudulent international payments from Germany, Belgium and Denmark, and the court heard that the money had been withdrawn before it could be recalled. Both men pleaded guilty to possessing proceeds of crime in specific accounts during 2019 and 2020.
Who, what, where, when and why
What: Report matter: Worldwide investigation into invoice fraud sees pair jailed. Charges or matters: one count of possessing the proceeds of crime at AIB, O'Connell Street on dates between June 21 and 24, 2019 and also to the same charge at Bank of Ireland, Stephen's Green, between August 12 and Sep 5, 2019; one count of possessing the proceeds of crime at Bank of Ireland, College Green on dates between November 4 and 12, 2019 and to a further count of possessing a Revolut account as the proceeds of crime between August and September of 2019. Procedural stage: sentence
When:
- June 21 Incident
- August 12 Incident
- September 2019 Incident
- July 7, 2020 Incident
- November 4 Incident
- December 2023 Hearing Or Sentence
- August 2019 Incident
- July 2020 Incident
- 2022-12-21 Publication
Why: Mr Rafter said Cocco had a good work history in Ireland but said after he returned to Ireland from attending his grandmother's funeral in Italy, he couldn't find work because of lockdown. CNI source report
Case subjects
Accused
Charges: one count of possessing the proceeds of crime at AIB, O'Connell Street on dates between June 21 and 24, 2019 and also to the same charge at Bank of Ireland, Stephen's Green, between August 12 and Sep 5, 2019; one count of possessing the proceeds of crime at Bank of Ireland, College Green on dates between November 4 and 12, 2019 and to a further count of possessing a Revolut account as the proceeds of crime between August and September of 2019 (Admitted)
Plea: Guilty
Outcome: Daniel O'Carroll (28) of Inchicore Road, Dublin 8 was handed a fully-suspended sentence of 16 months for possessing just over €26,000 as the proceeds of crime in various bank accounts, after Judge Martin Nolan said "you deserve your one chance".
Accused
Charges: one count of possessing the proceeds of crime at AIB, O'Connell Street on dates between June 21 and 24, 2019 and also to the same charge at Bank of Ireland, Stephen's Green, between August 12 and Sep 5, 2019; one count of possessing the proceeds of crime at Bank of Ireland, College Green on dates between November 4 and 12, 2019 and to a further count of possessing a Revolut account as the proceeds of crime between August and September of 2019 (Admitted)
Plea: Guilty
Outcome: Emanuele Cocco (29) of Heytesbury Street, Dublin 8 today received a ten-month sentence at Dublin Circuit Criminal Court for possessing a total of €17,923 as the proceeds of crime in an AIB account, a Bank of Ireland account, a Revolut account and in cash. Judge Nolan noted that Cocco is already serving a two-year sentence on drugs offences imposed in June of this year and said it would be unjust to extend this period of detention.
Places mentioned
- Heytesbury Street
- Dublin
- Inchicore Road
- Dublin
- Dublin Circuit Criminal Court
- O'Connell Street
Topics
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