Cash and property linked to infamous ‘Ferrari Fugitives’ brothers seized by CAB

Cash and property linked to one of the world’s biggest boiler room scams run by the so-called ‘Ferrari Fugitives’ has been seized by the Criminal Assets Bureau.

The infamous Cartu brothers, who are wanted by US authorities, ran a bogus investors scheme that netted €186m.

The cash paid by victims mostly from the United States was then laundered through Irish-registered firms.

Nicola talks with Eamon Dillon who explains the story. 

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