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03/01/2013
CAB Target Crime Boss For Assets
The Criminal Assets Bureau (CAB) is targeting crime bosses who are believed to have ordered the murder of Real IRA faction leader Alan Ryan.
One crime boss is expected to be hit with a bill for around €500,000.
The aim is to hit the criminals in their pockets under the proceeds-of-crime legislation.
CAB hopes to net property worth an estimated €4m on the market, as well as collecting large tax debts.
One gang boss, originally from the northside of Dublin but more recently living closer to the Border, is facing tax debts of up to €500,000.
The 70-strong CAB team, which includes 36 gardai, as well as Revenue and Social Welfare officials and is led by Det Chief Supt Eugene Corcoran, focuses on assets acquired through the proceeds of crime, debts owed to the taxman and social-welfare benefits obtained fraudulently.
Last year, CAB took more than €1m from a former associate of murdered crime figure Martin 'Marlo' Hyland.
It was also successful in the Austrian courts in seizing money belonging to Brian Meehan, who is serving a life sentence for the murder of the journalist Veronica Guerin.
(H/GK)
One crime boss is expected to be hit with a bill for around €500,000.
The aim is to hit the criminals in their pockets under the proceeds-of-crime legislation.
CAB hopes to net property worth an estimated €4m on the market, as well as collecting large tax debts.
One gang boss, originally from the northside of Dublin but more recently living closer to the Border, is facing tax debts of up to €500,000.
The 70-strong CAB team, which includes 36 gardai, as well as Revenue and Social Welfare officials and is led by Det Chief Supt Eugene Corcoran, focuses on assets acquired through the proceeds of crime, debts owed to the taxman and social-welfare benefits obtained fraudulently.
Last year, CAB took more than €1m from a former associate of murdered crime figure Martin 'Marlo' Hyland.
It was also successful in the Austrian courts in seizing money belonging to Brian Meehan, who is serving a life sentence for the murder of the journalist Veronica Guerin.
(H/GK)
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