€248k frozen, cash and watches seized in CAB raid

ireland
€248K Frozen, Cash And Watches Seized In Cab Raid
The CAB operation saw a large sum of money frozen.
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James Cox

The Criminal Assets Bureau (CAB) conducted a search operation in counties Dublin and Wicklow today which led to €248,000 being frozen in a number of bank accounts.

The operation, which targeted the assets of a suspected organised crime group in the two counties, also included the seizure of cash and watches.

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The operation consisted of the search of two residential properties along with three professional premises.

CAB raid
CAB also seized 4,000 Australian dollars.

The following items were seized:

  • 201 Reg BMW 318
  • Cash to the value of €248,149 frozen in various bank accounts
  • Cash to the value of €11,800 and 4,000 Australian dollars
  • Gents Rolex Watch
  • Ladies Rolex Watch
  • Selection of designer clothes

Today’s operation is seen as a significant development in CAB targeting organised crime gangs involved in committing rural crimes across the country.

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