Irish family-based gang targeted in probe into €4m money laundering scheme

EU police agency believes funds are result of 'illegal activity across Europe'

A car was seized as part of the CAB raid in Tipperary and Kilkenny on Wednesday, which Europol says focused on a criminal gang involved in 'illegal activity across Europe'.

The EU police agency said an Irish criminal gang is believed to have earned in excess of €4m, identified in a Criminal Assets Bureau operation on Wednesday, from “illegal activity across Europe”.

Europol, which assisted CAB, also revealed that €100,000 in cash was seized from the outfit in this week’s searches by CAB in Kilkenny and Tipperary.