A 43-year-old man who made almost €500,000 from selling false insurance policies and no claims bonuses has been jailed for five years.
Egidijus Aleliunas, from the Paddocks Way, Adamstown in Lucan, pleaded guilty to money laundering, deception and fraud offences over a seven-year period.
He set up hundreds of fraudulent insurance policies for people who could not get insurance or wanted it cheaper and spent some of the money on cars, crypto currency and watches.
His wife Anastasija Pavlova, and mother- and father-in-law Natalja Pavlova and Viaceslav Pavlov laundered between €18,000 and €20,000 for him and were all given a two-year suspended sentence.
Gardaí put the value of the scam at €4m.
