Tag Archives: Criminal Assets Bureau

THE Criminal Assets Bureau (CAB), in conjunction with English police, today carried out an operation in Counties Clare and Tipperary as part of a cyber-fraud and money laundering investigation in the UK. The CAB investigation is focussed on the assets of an international organised crime group who are suspected of laundering the proceeds of mandate fraud committed in the UK via a used car outlet in County Tipperary. Searches were conducted at two residential premises and one business premises in County Clare, and two residential and one business premises in County Tipperary. The search of the one business premises in County Tipperary, a used car outlet, remains ongoing. In excess of 80 cars were seized with an approximate value of €2,000,000, along with cash in the amount of €21,000. Also more than €200,000 has been restrained in financial accounts linked to the organised criminal group. This morning’s search operation involved CAB, the Emergency Response Unit, the Stolen Motor Vehicle Investigation …

Gardai from the Clare Garda Division are involved in a major search operation across counties Limerick, Clare and Tipperary targeting organised criminality in Limerick City and its environs. Currently nine people are in custody in relation to this operation. As part of Operation Coronation, in excess of 170 members of gardaí from Limerick, Clare and Tipperary Divisions supported by the Criminal Assets Bureau, Drugs and Organised Crime Bureau, the National Bureau of Criminal Investigation, the Emergency Response Unit, the Armed Response Unit and Regional Dog Unit commenced a search operation at over 60 premises this morning at 6am. The operation is also supported by three teams of  Irish Army Search Engineers, the Army EOD team and the Army Helicopter. Operation Coronation is targeting organised extended criminality, drug trafficking and the financial returns achieved from this type of activity through money laundering. This operation is being co-ordinated by Limerick Gardaí to address the accumulation of wealth by those engaged in serious …

A number of searches are currently under way in Counties Limerick, Clare and Tipperary led by members of the Criminal Assets Bureau. The searches are being conducted as part of ongoing investigations into the purchase of land, vehicles and other assets by organised criminal groups based in the region. The operation is being led by Bureau Officers assisted by members of the Regional Support Unit and local Gardaí. Searches have are been carried out a number of locations including private residences and business premises. Documentation, mobile phones, devices and computer equipment have been seized. There are no arrests planned during this phase of the investigation.

CLARE gardaí, the Criminal Assets Bureau and Revenue are to be involved in a multi-agency response to deal with local families and individuals who have unaccountable wealth and are “obviously involved in criminality”. Chief Superintendent John Kerin, head of the Clare Garda Division, said a lack of garda investment over a five or six-year period during the recession prevented a long-term strategic approach to investigating these families and individuals. However, he is confident that the resources are now in place to carry out numerous investigations in the county and ascertain if the wealth and assets that some have acquired were legitimately obtained. “I had a meeting last week with my officers and I want to target a number of families and individuals myself in this county, who are obviously involved in criminality, whether it is drug-dealing, money-lending or whatever, but who are showing the signs of wealth and who don’t have a visible means of income,” he said. “I certainly …