A Mercedes Benz and €5000 cash were seized during a CAB search in Louth

A Mercedes Benz and €5000 cash were seized by members of the Criminal Assets Bureau during a search in county Louth this morning as part of a probe into a Moldovan crime gang suspected of being heavily involved in the sale and supply of illicit drugs.  

A search was conducted by the Criminal Assets Bureau assisted by the Emergency Response Unit and the Revenue Customs Dog Unit and an expert property valuation professional at a residence in County Louth.

During the course of the search, various items were seized including approximately €5,000 in cash,  a white AMG Mercedes Benz C200 coupe, 171 registration,  various electronic devices including laptops and mobile phones, assorted documents and banking records. 

 €5000 cash was seized by members of the Criminal Assets Bureau during a search in county Louth this morning

The Criminal Assets Bureau has also secured a Court restraining order in respect of approximately €30,000 in a financial institution.

This ongoing Criminal Assets Bureau investigation is targeting assets linked to a Moldovan Organised Crime Group suspected of being heavily involved in the sale and supply of illicit drugs. 

 

Various items were seized during the search 

This morning’s Criminal Assets Bureau search operation is a significant development in the identification of assets, including property, linked to the Organised Crime Group and acquired with the proceeds of crime.

In particular, the investigation is focused on the purchase and extensive re-development of the residential property that is being searched today.