Crime bosses opt for cash over cars

Crime bosses are increasingly hiding wealth in the form of cash and financial investments, rather than traditional physical assets like luxury vehicles and properties, according to the Criminal Assets Bureau.

And when gangland figures do invest in vehicles they are tending to purchasing less flashy ones in a bid to avoid the attention of CAB and local gardaí.

There was a three-fold increase last year in court seizure orders involving cash/financial assets — jumping from nine cases in 2014 to 30 cases in 2015.