Sign in. It’s quick, free and it’s up to you.
An account is an optional way to support the work we do. Find out more.
The Criminal Assets Bureau carried out the raid on a house in Louth. Garda Press Office/Criminal Assets Bureau
Louth
Mercedes Benz and €5,000 in cash seized in CAB investigation into Moldovan gang
Gardaí said that the investigation was focused on the ‘extensive redevelopment’ of a house.
A WHITE MERCEDES Benz and €5,000 in cash were among the items seized by the Criminal Assets Bureau during a raid in Louth linked to a Moldovan gang.
The raid was carried out by the Criminal Assets Bureau, alongside the Emergency Response Unit and the Revenue Customs Dog Unit, at a residence in Louth this morning.
An expert property valuation professional also assisted in the raid, during which the €5,000 in cash was seized along with a white AMG Mercedes Benz C200 coupe, with a 171 registration.
CAB also seized various electronic devices including laptops and mobile phones, as well as assorted documents and banking records.
A court restraining order was also secured in relation to approximately €30,000 in a bank.
A garda spokesperson said that 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”.
The investigation is focused on the purchase and re-development of the property searched today by Gardaí.
The spokesperson said that this morning’s operation was a “significant development” in identifying assets linked to the gang.
have your say