Gardaí carried out searches at properties in Tuam and Moycullen on Monday in an operation focused on dismantling organised criminal groups in Galway.
€75,000 in cash, a Tiguan jeep, an Audi A5 and a Ford Transit van were seized in the searches, as well as a large amount of high value goods including 12 designer watches and multiple electronic devices.
Two bank accounts with cash and cryptocurrency valued in excess of €990,000 were frozen under Money Laundering legislation.
One of these accounts held €530,000 worth of crypto currency and the second held €465,000 cash.
No arrests have been made at this time.
