Tesla vehicle, cash and watches seized in CAB searches

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A Tesla electric car, €15,000 in cash and a number of designer watches are among the assets seized by the Criminal Assets Bureau after searches in four counties today

This morning's CAB operation targeted an Eastern European organised crime group, which is involved in the laundering of the proceeds of crime through the second-hand car trade.The searches – which involved more than 80 personnel - took place across 15 sites in Kildare, Waterford, Laois and Dublin today.

The assets seized during today’s search includes a Tesla electric car, two BMW IX electric vehicles with 221 registration plates, two Classic vehicles, €15,000 in cash and number of high value watches, including Rolex and Cartier brands. Today’s operation follows from Criminal Assets Bureau search operations conducted during September and October 2021. During the course of these searches, CAB seized eighteen high value vehicles, including Audi Q7s, BMW X5s, Range Rovers, a Jaguar I-Pace and a Tesla.

In a statement released by CAB this afternoon, the operation was called"significant in the context of the overall CAB proceeds of crime investigation targeting assets", including properties accrued by the crime group directors, The search was conducted by bureau officers supported by the Dublin Armed Support Unit, the Eastern Regional Armed Support Unit, the Stolen Motor Vehicle Investigation Unit, The Customs Dog Unit, Kildare Detective Unit, Portlaoise Detective Unit and detectives attached to the Dublin Metropolitan Region.

Source: Energy Industry News (energyindustrynews.net)

 

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