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CAB seizes over €500,000 following searches in the South East

CAB seizes over €500,000 following searches in the South East

By Dean Egan.

€540,000 has been frozen in sixteen bank accounts linked to an organised crime gang involved in money laundering, operating in the Munster and south Leinster area.

They also seized a Volvo and financial documents.

The gang has links across Europe and with the assistance of Europol, over €4m in fund transfers have been identified in Irish accounts from other jurisdictions.

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Gardaí say today's searches are a significant development in its investigation into the gang.

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