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CAB Seize Cars Valued 2 Million Euros In Tipperary

The Criminal Assets Bureau (CAB), headed by Detective Chief Superintendent Michael Gubbins, have seized 80 cars worth more than 2 million Euros from a car dealership here in Co. Tipperary. Same operation is part of an investigation into a UK-based Pakistan and Lithuanian organised crime gang.

This morning’s CAB seizures were supported by the Emergency Response Unit, the Stolen Motor Vehicle Investigation Unit, the Garda National Immigration Bureau, the Garda Technical Bureau and the Revenue Customs Dog Unit, which carried out six searches in homes and businesses in both Co. Clare and Co. Tipperary.

In total cars seized included Range Rover’s; Volvo’s; BMW’s; and Hyundai’s worth more than €2 million. The gang are believed to have set-up a company and bought a garage in Co Tipperary, selling cars they had purchased and imported from the UK.

Some €20,000 in cash was seized in six searches and over €200,000 frozen in bank accounts.

Police in the UK and our own Gardaí believe the crime gang were involved in invoice redirect fraud and were using the business as a front for money laundering.

In a similar operation in the UK, West Midlands Police also carried out a search and arrest operation as part of their investigation.

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