A 26-year-old man, charged with the sale of fraudulent insurance policies to motorists, has been remanded in custody at Trim Circuit Court in Co Meath.
Martin Hanudel, from Tubberclaire Meadows, Athlumney in Navan, has pleaded guilty to 12 charges under section 6 of the Criminal Justice Act between June 2016 and March 2017.
He appeared before Trim Circuit Court today, where Judge Martina Baxter deferred sentencing until next week.
A reference letter from his employer was presented to the court today, which had been requested at a previous hearing.
The court was told Mr Hanudel had recently started a new job with a car dealership and counsel for the State, Mr Carl Hanahoe, said the employer appears to be a friend of Mr Hanudel.
The court also heard that Martin Hanudel has provided €7,200 as compensation, which is to be donated to a charity.
€5,000 in cash was presented in the court today, while €2,200 was previously lodged to his solicitors client account.
Counsel for for Mr Hanudel said the money was earned while his client was working over the last few months.
Judge Baxter said she needed to "think about matters overnight".
She remanded Mr Hanudel in custody and adjourned the case until next Thursday, 28 November.
Earlier this year, Garda George Thurlow told the court that the so called 'ghost broker' operated a scam by placing adverts offering cheap insurance for sale on social media sites, used by members of the Slovak community living in Ireland.
The court heard Mr Hanudel had placed his name and phone number on the ads.
Trim Circuit Court was told that 'ghost brokers' act as a middleman to falsify details to bring down the price of insurance policies and then sell them to unsuspecting customers for a fee.
As part of this scheme, Martin Hanudel gave insurance company underwriters misleading facts about the value of his client's cars, no claims bonuses and other information to get cheap policies.
The clients then paid the policy premium to the insurer and paid the defendant a fee of between €500 and €600.
The fraud was uncovered by gardaí after concerns were raised by a member of the Slovak community.
Martin Hanudel was subsequently arrested. After initially denying any involvement, he later admitted his role to gardaí.
During a search of his home, gardai found a note book containing entries that helped them to trace some of the victims.
The court was also told that 12 policies were cancelled, with the insurance companies involved at a loss of €10,000, due to refunds to people whose policies were made void.