Four Rolex watches, two jet skis and several mini-phones have been seized by the Criminal Assets Bureau during searches in Dublin and Wexford.
The searches were carried out in eight locations this morning by CAB assisted by local drugs and detective units along with regional armed support units.
Documents relating to property purchased in Ireland and abroad were also seized.
As part of the investigation, targetting property acquired with the proceeds of crime by an organised crime gang involved in the sale and supply of controlled drugs, gardaí in Tallaght seized around €100,000 in 2017.