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CAB seize Rolex watches, cash and documents in Kerry searches

By Michelle Crean
Two Rolex watches, cash, details of bank accounts, designer footwear, and documents and files relating to the purchase of properties have been seized as part of crime investigations being conducted by the Criminal Assets Bureau (CAB) and Killarney Gardaí today (Wednesday).
The operation - which involved 11 residential addresses and four professional searches - marks a significant development in money laundering and proceeds of crime investigations and they were supported by the Regional Armed Response Unit, the Kerry Divisional search team, the Garda Dog Unit and the Customs Dog Unit.
This morning’s operation was conducted as part of an ongoing investigation commenced following a referral to the Criminal Assets Bureau by a CAB profiler attached to Killarney Garda Station.
The operation was aimed at individuals involved in the targeting of the elderly and the vulnerable on the pretence of conducting home repairs and roofing work both nationally and internationally.
The investigation into the source of funds used to acquire assets, including properties, remains ongoing.
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