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Mon 07 Jul 2006Dealers using mortgage fraud to launder drug cashGardaí investigating recent gangland murders in Dublin have uncovered evidence of widespread mortgage fraud through which drug dealers are laundering their drugs money unnoticed in some of the State's biggest banks, The Irish Times has learned.A number of drug dealers in their 20s have managed to build considerable wealth undetected. The scam, known as mortgage application fraud, involves drug dealers buying houses in the name of a relative or trusted associate.