Saturday 21 September 2019

Gardaí probing foiled ATM raid seize €700,000 in cash and frozen bank accounts

Target: The cash machine in Virginia, Co Cavan, where gardaí thwarted an attempted raid by a cross-Border gang. Picture: Steve Humphreys
Target: The cash machine in Virginia, Co Cavan, where gardaí thwarted an attempted raid by a cross-Border gang. Picture: Steve Humphreys
Paul Williams

Paul Williams

Gardaí investigating an attempted ATM robbery in Virginia, Co Cavan, say they have recovered cash and frozen banks accounts to the value of €700,000, which they believe is the proceeds of a spate of ATM thefts this year.

Sources revealed last night three men were arrested and more than €150,000 cash seized in a number of searches on Tuesday evening while two bank accounts containing €200,000 associated with members of the cross-Border gang have also been frozen.

That money is in addition to more than €300,000 in cash confiscated last week in a follow-up search after armed gardaí foiled an attempt by the gang to rip an ATM from a hotel wall in Virginia.

The Irish Independent understands one of the men arrested was one of three men who were held by gardaí following the incident in the Co Cavan town. Two brothers aged in their 20s and an uncle (61) were arrested as the digger was moved to the hotel on Main Street around 2.30am.

The ongoing operation is the result of an intensive eight-month undercover surveillance operation centred on the activities of a family based crime gang who live on the southern side of the Border.

It has uncovered links between the crime family and a member of a south Armagh gang with close links to dissident Republicans.

Two of the men were released pending a file for the Director of Public Prosecutions while the third was still being questioned last night.

Two men in their 30s, one with a Northern address, were also arrested under organised crime legislation, while a 28-year-old man was arrested on suspicion of money laundering.

The arrests represent a major success after 31 ATM thefts this year on both sides of the Border.

Irish Independent

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