A serving garda was arrested this morning as part of a long-standing fraud investigation.
The garda (50) was detained after a search of home in New Ross. The search is continuing this afternoon.
He is being held at New Ross Garda station under the offences against the State Act
A Garda spokesman said the officer, who has been suspended from duty, was arrested "as part as an investigation into criminal activity over a number of years".
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Gardai in Wexford supported by the National Bureau of Criminal Investigation and the Garda Bureau of Fraud Investigation were involved the operation.
It is understood the investigation relates to a form of white collar crime but the garda spokesman refused to comment.