Wednesday 21 November 2018

CAB raids two business premises as part of major investigation into fraudulent claims worth €3.5m

The cash seized by gardai and CAB Photo: Garda Press Office
The cash seized by gardai and CAB Photo: Garda Press Office
Amy Molloy

Amy Molloy

The Criminal Assets Bureau has seized €150,000 as part of a major investigation centering on fraudulent claims in excess of €3.5 million.

Searches were carried out at a house and two business premises in Cork city this morning.

Cash worth €150,000 and a quantity of gold and silver coins were seized by gardaí and CAB during the raids.

The cash included euros, sterling, dollars and a number of foreign currencies.

A quantity of documents and computer devices are now being examined by officers.

A number of safes are also currently being searched and updates will be provided.

No arrests have been made at this stage and investigations are ongoing.

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