A MAJOR OPERATION today by the Criminal Assets Bureau has resulted in the seizure of Rolex watches, jet-skis, vehicles, and around €218,000 in cash.
The raids were carried out across counties Clare, Dublin, Limerick, Mayo and Tipperary as part of an ongoing CAB investigation into targets linked to a Munster-based organised crime group.
A garda spokesperson said this crime group is involved in laundering the proceeds of organised criminality through the second hand motor trade, real estate purchases, property developments and the purchase of high value goods.
150 Gardaí and colleagues in the Criminal Assets Bureau carried out extensive searches today in Limerick, Clare, Tipperary, Dublin and Mayo.
— Garda Info (@gardainfo) May 30, 2024
Here’s a sneak peak of today's haul. #KeepingPeopleSafe pic.twitter.com/IY7UKcQRro
The operation involved 150 people conducting searches at 20 locations, and CAB officers were assisted by branches including the Customs Dog Unit, the Regional Armed Response Unit, and the Stolen Motor Vehicle Investigation Unit.
During the raids, €218,000 in cash was seized, as well as five jet-skis, six Rolex watches, 27 vehicles and designer goods including Louis Vuitton bags.
Electronic devices and documentation, including financial documents, were also seized.
A suspected cocaine seizure was also made, and a person was arrested in connection with this seizure and they are currently detained at a Limerick city Garda Station.
A garda spokesperson said today’s operation “marks a significant development in CAB’s ongoing proceeds of crime investigation”.
