The Criminal Assets Bureau conducted a search operation earlier today (Monday, July 6th) focused on an organised crime group based in County Longford.
€110,000 and £14,000 in cash was seized along with 3 caravans, 11 vehicles (including Mercedes, Skoda Kodiaq, Isuzu DMAX, Ford Ranger, Toyota Landcruiser and assorted light commercial vehicles), 3 power washers, 3 watches, and designer handbags and footwear.
A total of 16 searches, including 12 residential premises, three commercial premises and one professional premises, were carried out.
Financial accounts in excess of € 80,000 were frozen by way of Orders under Section 17 of the Criminal Justice (Money Laundering and Terrorist Financing) Act 2010.
The CAB investigation is focused on an Organised Criminal Group (OCG) based in County Longford who are suspected to be involved in the sale and supply of controlled drugs, intimidation and extortion of monies.
The OCG targeted in today’s search operation is heavily involved in the ongoing feud in the Longford area and a number of members of the OCG have been before the courts in relation to criminal incidents emanating from this feud, according to a statement from An Garda Síochána.
Members of this OCG have amassed a large property portfolio as a result of the proceeds of their involvement in criminal activity, the statement added.
Today’s search operation comes as a result of ongoing liaison between the Criminal Assets Bureau (CAB) and local Gardaí in Longford utilising trained divisional asset profilers and marks a significant development in the CAB investigation.
Image source: An Garda Síochána