A man has been arrested after two cars and 45,000 euro in cash was seized in Co. Meath.
The discovery was made by Gardaí and the Department of Social Protection investigating false claims under the Employment Wage Subsidy Scheme.
Claims were allegedly made using the names of employees from companies that were not trading during the pandemic and around 250,000 euro was paid into bank accounts set up with false passports.
A man in his 50s was arrested and taken to Drogheda Garda Station for questioning.