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Car, watches, drugs and cash seized in Dublin and Wexford

The investigation targeted an organised crime group.

THE CRIMINAL ASSETS Bureau (CAB), assisted by gardaí and Revenue, seized a number of items following a search operation in Dublin and Wexford today.

Searches were conducted at four properties in Dublin 8, Dublin 24, south county Dublin and county Wexford.

The investigation centres on an organised crime group based in the Dublin 24 area.

32761388_10156050821478001_5484150767105343488_o The car that was seized An Garda Síochána An Garda Síochána

32873437_10156050821718001_132001374551408640_o One of the watches that was seized An Garda Síochána An Garda Síochána

32944025_10156050821788001_7448352599918510080_o One of the watches that was seized An Garda Síochána An Garda Síochána

Approximately $1,500 (about €1,270) and £250 (€286) in cash was seized, along with a 2014 Audi A6 car, three watches (one Rolex and two Tag Heuer), computer equipment, mobile phones, documents and a small quantity of drugs (cannabis and cocaine).

The searches in Dublin were in three residential homes and the search in Wexford was at a holiday home (where the small quantity of drugs was found).

Documents and mobile phones are being examined by CAB investigating officers and expert staff. The car was seized under the provisions of the Proceeds of Crime Act. No arrests have been made to date.

Cannabis

Separately, it was also announced today that Revenue officers seized over half a kilo of herbal cannabis, with an estimated street value of €12,000, and €35,000 in cash at a house in Naas in Co Kildare on Tuesday.

Herbal Cannabis Kildare (1) The cannabis seized in Naas An Garda Síochána An Garda Síochána

This was a joint intelligence-led operation involving Revenue and gardaí.

A 22-year-old man was arrested and detained at Naas Garda Station under the provisions of the Criminal Justice Act. Investigations are continuing.

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    Mute Declan Beach
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    Sep 19th 2014, 10:33 PM

    just like the .com boom of the 90s. Everybody paying big for a company’s thats not worth all that. a bit like Facebook actually : )

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    Mute 4u4a
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    Sep 19th 2014, 10:41 PM

    The IPO seems large but I would invest in shares in this company way quicker than tinder, snapchat whatever. Those companies haven’t even turned over a penny yet this company is a trading platform similar to ebay & is turning over a large annual figure, and you need to see the amount of sellers/products the site offers. This is a business site, selling to both individuals & traders, I would imagine the average purchase is way bigger than ebay

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    Mute non sequitur
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    Sep 19th 2014, 11:04 PM

    Hey! Clear the way in the old Bazaar
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    Mute MarMacRua
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    Sep 22nd 2014, 7:28 PM

    This man Jack Ma is an inspiration. Check out his Ted Talks.

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    Mute Martin Sinnott
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    Sep 19th 2014, 10:26 PM

    All,these Tech companies are over valued, a crash in the US equities will happen sooner or later and a lot of people will loose there shirts.

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    Sep 19th 2014, 10:46 PM

    Anyone with a pension needs to check where their money is being invested, loads of hedge fund managers are getting rich investing pension funds into these tech companies.
    This companies probably not a bad investment tho

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