A number of raids have been carried out after a website, which scammed victims on an industrial scale globally, was disrupted.
12 searches were carried out in Dublin, Kildare and Waterford over the last two days.
As part of Operation Stargrew, law enforcement from 19 countries have disrupted one of the world’s largest phishing-as-a-service platforms.
LabHost enabled users to set up sites designed to trick victims into revealing personal information - with 116 users linked to Ireland.
During searches in Dublin, Kildare and Waterford, €42,000 in cash, €10,000 in cryptocurrency, 82 smartphones, 25 computers, 9 tablet devices, and a Rolex watch were seized.
Armed Gardaí, the Criminal Assets Bureau, and the Cyber Crime Bureau were involved in the operation.
Gardaí say the year-long operation, coordinated at the international level by Europol, resulted in the compromise of LabHost’s infrastructure. The LabHost platform, previously available on the open web, has been shut down, and now displays a law enforcement splash page.
Two men have been arrested as part of the searches. One has been charged and will appear before the courts at a later date.