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Waterford on list of Criminal Assets Bureau targets

Waterford on list of Criminal Assets Bureau targets

More than 1,430 crime bosses and lieutenants across the country are being targeted by the Criminal Assets Bureau (CAB), new figures show.

According to the Irish Examiner, CAB boss Detective Chief Superintendent Mick Gubbins said there were now 580 local asset profilers working on identifying targets.

In an interview with the Irish Examiner, he also said:

  • Gangsters are using Revolut, the online banking system, to transfer significant amounts of money on a regular basis;
  • Criminals are increasingly using other mobile phone apps and prepaid credit cards to spend their money as well as putting thousands of euro onto multiple department cards, gift vouchers, and various loyalty cards;
  • Younger drug dealers are flaunting their “bling” — clothes, watches, and jewellery — online and “putting it into people’s faces”;
  • Cocaine trade has encouraged more people to deal in drugs because of the big profits they can earn.

The bureau, as of the end of February, had 1,430 targets it is examining, including 653 in the Dublin Metropolitan Region (DMR), 762 outside of Dublin, with Waterford recording 15 targets being looked into.

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