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Garda Press Office/Criminal Assets Bureau
The Criminal Assets Bureau carried out the raid on a house in Louth.
# 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.
