Gardaí have arrested a man and a woman as part of an ongoing investigation into 'romance fraud'.

A man based in the east of the country was defrauded of €28,000 on a dating website.

The money was then laundered through the accounts of two people based in Tipperary and Dublin.

The Garda National Economic Crime Bureau led the investigation.

A man, 20s, and woman, 40s, have been arrested as part of the investigation

It found that the man's bank account was also used to launder the proceeds of a separate invoice redirect fraud targeted at an Irish-based company.

On Thursday a man, aged in his 20s, was arrested and detained at Tipperary Garda Station. He was later released without charge and a file will be prepared for the Director of Public Prosecutions.

Today a woman, aged in her 40s, was arrested in Dublin and is currently being detained at Finglas Garda Station.

A vehicle was also seized during this arrest operation.

Gardaí say the investigation is ongoing.