Man charged over £7m bank fraud

A former bank manager in the North was charged today with a £7 million fraud and money laundering operation. Peter Creegan (43) from Tullydonnell Road, Silverbridge, Co Armagh, was accused of defrauding the First Trust Bank after he was arrested as part of a massive cross-border operation involving police and gardaí. He was detained last week and large amounts of documentation were taken from his home following a complaint by First Trust and an anonymous source, police said. He appeared at Armagh Magistrates' Court today, alongside former Halifax employee Damien Pius Mallon (52) from Drumconwell Road, Armagh, who is also accused of conspiring with him to fraudulently obtain money. Posted in: Internal Fraud