CAB seizes camper van worth €100,000 and number of other vehicles in morning raids
Two people were arrested following the searches
The Criminal Assets Bureau has dealt a serious financial blow to a gang suspected of being heavily involved in theft and fraud.
Officers from the bureau seized vehicles, cash and other goods worth around €140,000 in a series of raids in north county Dublin this morning.
CAB searched five residential premises in Baldoyle as well as the offices of a solicitor, accountant and two estate agents in the capital and a garage in county Galway.
The main target of the operation is a 24-year-old man, who has twelve previous convictions for crime including several fraudulent claims from the Department of Social Welfare.
CAB is investigating links between the gang and the purchase of land in county Meath as well as a number of vehicles and suspected connections with the distribution of fake €50 notes.
During the raids, the CAB members were backed up local gardai, the regional public order unit, the Dublin regional armed response unit, Revenue Customs officers, ESB staff and members of the stolen motor vehicle investigation unit, which is part of the national bureau of criminal investigation at Harcourt Square.
Seized were a Fiat camper van, worth €100,000, a VW transporter, valued at €20,000, VW Golf worth €13,500, about £3,500 in sterling, and a ladies Rolex watch.
A quantity of documents and electronic devices were confiscated for forensic analysis.
In a previous operation against suspected members of the gang, gardai seized over €30,000 in cash, hidden in socks, during a raid on a residential premises.
During today's raids, gardai also separately arrested one suspect for a robbery and another suspect for assault.
The operation was headed by Det Chief Supt Pat Clavin, head of the CAB, who said: "The investigation into assets suspected of being derived from criminal conduct is continuing and today's search operation represents significant progress".