Two jet skis and four Rolex watches have been seized following a series of raids carried out across Dublin and Wexford.
The searches were conducted at 8 locations across the counties this morning.
The Criminal Assets Bureau also froze €17,000 in a bank account.
Documents relating to property bought here and abroad and five phones have also been seized.
This morning's searches are part of the same investigation that led officers to seize €100,000 in Tallaght, Dublin in 2017.