Mob enforcer Paul Rice hit hard by Tallaght drug raid
Mob enforcer Paul Rice was counting more losses this week after a €130,000 drugs bust at a house in Tallaght.
It is understood that the Kinahan Cartel heavy has named a close associate of ‘Fat’ Freddie Thompson as being responsible for loose talk that has cost him the haul of cocaine, heroin and cannabis.
Rice claims that the drug dealer is also responsible for an earlier seizure of cash on the M1 motorway and Garda searches in the Dublin and Cavan areas which netted high-powered weapons, a vacuum packing machine and Zopiclone tablets.
Paranoid Rice has accused the man – who counts Fat Freddie’s brother-in-law Karl Dempsey as a close friend – of talking too freely on his phone and giving away information about the mobs drugs.
Rice, who works as a brutal debt collector for the cartel, is under enormous pressure from the Gardaí.
It is understood that a CAB investigation has identified an extensive property portfolio in the Tallaght area which the gangster had bought up on behalf of the Kinahan drugs gang.
A series of raids and cash seizures by Gardaí have seriously depleted his resources and he is under enormous pressure from his overlords to bring in money.
A gangland banker who had invested hundreds of thousands of euro for the mob has gone to ground after, it is suspected, Rice shot up his house in Templeogue just weeks ago.
The man, who invests dirty money for both sides of the Kinahan-Hutch divide, refused to make a complaint to Gardaí, but terrified neighbours reported the incident after the bullets were fired from a van.
Rice is operating under the direct orders of Christy Kinahan, who has told him to get back on the streets and re-establish his feared reputation.
Sources have said that both Rice and Thompson have been getting increasingly paranoid in recent times and are both bingeing on their own product.