Menu
09/10/2013
CAB Auctions Seized Luxury Watch On Ebay
The Criminal Assets Bureau is selling a luxury watch on eBay.
It is the first time the organisation has auctioned off a confiscated item on the internet.
The item, a Ladies Rolex Oyster Perpetual Datejust watch, is fully certified and comes with the original box and documentation, according to the description on the website.
Under the username of 'proceedsofcrimeact1996', the description also reads that the sale of the watch "arises from an application under the Proceeds of Crime Act, 1997 & 2005 and is sale by the Court appointed Receiver".
It is categorised as "used" and the auction closes on 18 October.
The luxury item was purchased new for more than €9,000. It was seized from a criminal in Limerick last year, who had bought it for his partner as a Christmas present.
Bidding on the watch started at €6,000.
CAB said it is treating the auction as a test case for the future sale of other seized high value luxury items on the internet, in line with other European police forces.
The money raised from the action will ultimately be handed over to the Department of Finance.
(JP/CD)
It is the first time the organisation has auctioned off a confiscated item on the internet.
The item, a Ladies Rolex Oyster Perpetual Datejust watch, is fully certified and comes with the original box and documentation, according to the description on the website.
Under the username of 'proceedsofcrimeact1996', the description also reads that the sale of the watch "arises from an application under the Proceeds of Crime Act, 1997 & 2005 and is sale by the Court appointed Receiver".
It is categorised as "used" and the auction closes on 18 October.
The luxury item was purchased new for more than €9,000. It was seized from a criminal in Limerick last year, who had bought it for his partner as a Christmas present.
Bidding on the watch started at €6,000.
CAB said it is treating the auction as a test case for the future sale of other seized high value luxury items on the internet, in line with other European police forces.
The money raised from the action will ultimately be handed over to the Department of Finance.
(JP/CD)
Related Irish News Stories
Click here for the latest headlines.
04 October 2017
Over 8,100 Patients Waited On Trolleys In September - INMO
New figures have revealed a total of 8,101 patients were waiting on trolleys or wards for admission to a hospital bed during September. The Irish Nurses and Midwives Organisation's (INMO) data represents a 7% increase on 2016 and a 132% increase compared with the same period a decade ago.
Over 8,100 Patients Waited On Trolleys In September - INMO
New figures have revealed a total of 8,101 patients were waiting on trolleys or wards for admission to a hospital bed during September. The Irish Nurses and Midwives Organisation's (INMO) data represents a 7% increase on 2016 and a 132% increase compared with the same period a decade ago.
04 June 2013
Garda Compile 'Watch List' Of G8 Protestors
A list of “troublemakers” is being compiled by garda anti-terror chiefs ahead of the G8 summit being held in Co Fermanagh later in the month. It is understood that garda are working with police and security agencies in the UK, US and across Europe to compile a dossier of protest groups known to have been involved in trouble at previous summits.
Garda Compile 'Watch List' Of G8 Protestors
A list of “troublemakers” is being compiled by garda anti-terror chiefs ahead of the G8 summit being held in Co Fermanagh later in the month. It is understood that garda are working with police and security agencies in the UK, US and across Europe to compile a dossier of protest groups known to have been involved in trouble at previous summits.
21 December 2011
Shotgun Suspect Dies Despite Suicide Watch
Although subject to a 'suicide watch' regime that meant prison staff checked on him every 15 minutes while he was in his jail cell, a suspected shotgun killer has hanged himself soon after a court appearance.
Shotgun Suspect Dies Despite Suicide Watch
Although subject to a 'suicide watch' regime that meant prison staff checked on him every 15 minutes while he was in his jail cell, a suspected shotgun killer has hanged himself soon after a court appearance.
31 October 2008
Night Drivers Told To Watch Out For 'Trick-Or-Treaters'
Drivers across Ireland have been reminded to drive carefully this evening, as thousands of children up and down the country don dark Hallowe'en costumes, and set out trick-or-treating. Safety bosses have told drivers to take extra caution due to the fewer day light hours - especially on their journeys home from work.
Night Drivers Told To Watch Out For 'Trick-Or-Treaters'
Drivers across Ireland have been reminded to drive carefully this evening, as thousands of children up and down the country don dark Hallowe'en costumes, and set out trick-or-treating. Safety bosses have told drivers to take extra caution due to the fewer day light hours - especially on their journeys home from work.
21 August 2008
Government Urged To Watch At-Risk Businesses
The Labour Party has called on the Government to impliment a 'watchlist' to protect at-risk companies from failing as Ireland's economic woes continue.
Government Urged To Watch At-Risk Businesses
The Labour Party has called on the Government to impliment a 'watchlist' to protect at-risk companies from failing as Ireland's economic woes continue.
-
Ireland WeatherThis Evening and Tonight:It will be cloudy with a spell of heavy rain pushing south through late evening and the early hours, soon followed by some clear spells. Minimum temperature 6 °C.
