More than 80 cars worth over €2m have been seized in County Tipperary as part of an ongoing investigation into a UK organised crime group.
The Criminal Assets Bureau carried out the operation at two homes and one business in Clare and two homes and one business in Tipperary.
Investigators believe the UK gang is using a used car outlet in Tipperary as a front to launder money taken in through mandate fraud.
Mandate fraud involves a criminal convincing a person or company to change a regular payment mandate by posing as the entity due to receive the payment.
More than 80 cars worth over €2m were seized at the outlet alongside €21,000 in cash.
More than €200,000 has been frozen in accounts linked to the gang.
Detective Chief Superintendent Michael Gubbins said: "Today’s search operation is an example of the ongoing cooperation between the Criminal Assets Bureau, An Garda Síochána and UK Police Forces in the investigation of International Organised Criminal Groups. Our activities are in furtherance of the CAB mission ‘to deny and deprive.’”
The searches involved CAB, armed Gardaí, the Customs Dog Unit and range of other Garda bureaus.
Searches are ongoing at the used car outlet.