A 39-year-old man has appeared in court in Dublin charged with laundering over €1.1 million between four and six years ago.
Mark Adams with an address at Castleheath in Malahide, Co Dublin, was arrested by detectives from the Garda National Economic Crime Bureau this morning.
The model was remanded in custody with consent to bail to appear again at Dublin District Court next week.
Mr Adams is accused of handling €582,045 at Dublin Airport in September 2015.
He is also accused of handling, converting or transferring another €227,136 at the Bank of Ireland at Dublin Airport from 13 January 2014 to 18 August 2018.
Mr Adams is further accused of handling €78,990 at Bank of Ireland Credit Card centre at the IFSC in Dublin between 16 January and 23 July last year and handling another €298,280 between 1 January 2013 and 28 March 2017 at the Permanent TSB, Malahide.
The €1.18m is all alleged to be the proceeds of crime.
All offences are alleged to have taken place under the Money Laundering and Terrorist Financing Act.
Detective Garda Tom Victory from the Garda National Economic Crime Bureau gave evidence of arrest, charge and caution.
He told the court that he arrested Mr Adams on Chancery Street in Dublin at 9.34am and when charged with the money laundering offences he made no reply.
The court was told Mr Adams was an unemployed lone parent who lived with his mother.
Judge Michael Walsh granted him free legal aid, but remanded him in custody with consent to bail on his own cash bond of €1,000 and an independent surety of €10,000 - €5,000 of which is to be in cash.
The court was also told Mr Adams consented to the case being sent forward for sentence to the Dublin Circuit Criminal Court on signed pleas.
His solicitor said this was accepted. He is due back in court on 13 September.
