DUBLIN, Ireland - The Criminal Assets Bureau (CAB) seized a Tesla electric car, €15,000 in cash, and several designers watches after searches in four counties on wednesday.
The CAB operation on Wednesday morning targeted an Eastern European organized crime group involved in laundering criminal proceeds through the used car trade.
This gang also supplies cars to Irish organized crime groups all over the country.
The searches involved more than 80 people and took place at 15 locations in Kildare, Waterford, Laois, and Dublin.
A Tesla electric car, two BMW IX electric vehicles with 221 registration plates, two Classic vehicles, €15,000 in cash, and a number of high-value watches, including Rolex and Cartier brands, were seized during the search.
CAB described the operation as "significant in the context of the overall CAB proceeds of crime investigation targeting assets," including properties amassed by the crime group directors.
"Today's operation follows from Criminal Assets Bureau search operations conducted during September and October 2021 during the course of which CAB seized eighteen high value vehicles including Audi Q7's, BMW X5's, Range Rover's, a Jaguar I-Pace and a Tesla," a CAB statement issued late Wednesday said.
"Today's operation is significant in the context of the overall CAB proceeds of crime investigation targeting assets, including properties accrued by the directors of the OCG."
The investigation remains ongoing.