05/09/2007
Criminal Assets Bureau To Auction Fraudster's House
The Criminal Assets Bureau (CAB) is to auction a house in Kenmare, County Kerry today.
The house was owned by Matthew Wallace Schachter who was found guilty of defrauding thousands of people in the US and Canada out of an estimated $25 million.
CAB has secured a High Court Order seizing assets and cash in Ireland worth almost €4 million from Mr Schachter.
The Bureau is hoping to return the money raised by the sale of the house and the cash seized to the US, to be distributed among Mr Schachter's victims.
(SB/SP)
The house was owned by Matthew Wallace Schachter who was found guilty of defrauding thousands of people in the US and Canada out of an estimated $25 million.
CAB has secured a High Court Order seizing assets and cash in Ireland worth almost €4 million from Mr Schachter.
The Bureau is hoping to return the money raised by the sale of the house and the cash seized to the US, to be distributed among Mr Schachter's victims.
(SB/SP)
Related Irish News Stories
Click here for the latest headlines.
09 January 2019
Houses And Businesses Searched In Co Monaghan Operation
Six houses and two businesses have been raided in a major garda operation in County Monaghan.
Houses And Businesses Searched In Co Monaghan Operation
Six houses and two businesses have been raided in a major garda operation in County Monaghan.
10 July 2009
Gardaí Seize Two Million Contraband Cigarettes
A successful operation to net a huge haul of illicit tobacco products in Dublin has just been revealed. The joint operation was between the Garda Siocahana and the Irish Customs Service at Dublin Port. It has resulted in the detection and seizure of what are believed to be two million contraband cigarettes.
Gardaí Seize Two Million Contraband Cigarettes
A successful operation to net a huge haul of illicit tobacco products in Dublin has just been revealed. The joint operation was between the Garda Siocahana and the Irish Customs Service at Dublin Port. It has resulted in the detection and seizure of what are believed to be two million contraband cigarettes.
16 July 2019
Man Arrested As Part Of Investigation Into Terrorist Financing
A 24-year-old man has been arrested as part of an investigation into money laundering and terrorist financing. Gardaí are said to have detained the man in Dublin this morning, Tuesday, 16 July.
Man Arrested As Part Of Investigation Into Terrorist Financing
A 24-year-old man has been arrested as part of an investigation into money laundering and terrorist financing. Gardaí are said to have detained the man in Dublin this morning, Tuesday, 16 July.
10 January 2018
Cash, Watches And Mobile Phones Seized During Searches In Dublin
Cash, Rolex watches, mobile phones and a drone have been seized during searches in Dublin. The Criminal Assets Bureau carried out the searches in Rialto, Dún Laoghaire, Francis Street and other city centre locations on Wednesday, 10 January. In total, nine searches were conducted.
Cash, Watches And Mobile Phones Seized During Searches In Dublin
Cash, Rolex watches, mobile phones and a drone have been seized during searches in Dublin. The Criminal Assets Bureau carried out the searches in Rialto, Dún Laoghaire, Francis Street and other city centre locations on Wednesday, 10 January. In total, nine searches were conducted.
29 January 2009
Dissidents And Organised Crime Targeted
There have been two dramatic police operations taking place today. One was targeted at republican dissidents and the other was part of an ongoing operation investigating organised crime in the Dublin area. It was being led by the Gardaí National Bureau of Criminal Investigations.
Dissidents And Organised Crime Targeted
There have been two dramatic police operations taking place today. One was targeted at republican dissidents and the other was part of an ongoing operation investigating organised crime in the Dublin area. It was being led by the Gardaí National Bureau of Criminal Investigations.