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Criminal Assets Bureau Auction Luxury Goods Worth €500,000

By Eoin Glackin
December 1, 2023
Est. Reading: 1 minute

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Criminal Assets Bureau Auction Luxury Goods Worth €500,000
Image: Thomas Ljungdahl / Shutterstock.com

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Over €500,000 worth of luxury goods that were seized by the Criminal Assets Bureau (CAB) are being auctioned off to the public this weekend.

The items include Rolex watches, a gold bar, and Louis Vuitton handbags as well as Gucci and Cartier goods.

Under the Proceeds of Crime Act, 1996 to 2016, CAB can freeze and seize assets which it shows to the High Court are the proceeds of criminal conduct.

Gardaí say all items are fully authenticated and the net proceeds of the auction will be returned to the Exchequer.

The online auction will begin at 1pm today and ends at 1pm on Monday 4th December.

For more information, visit Wilson Auctions HERE.

Eoin Glackin

Written by Eoin Glackin

Eoin Glackin is a journalist and musician and writes for Nova.ie from Dublin, Ireland.

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