The 32-year-old, from Leo rdstown in Dublin, is being probed because of his connectors to criminals who are targets of the Criminal Assets Bureau.
It is understood that he has been questioned over cars bought for Liam Byrne and Liam Roe, but has insisted that he had no belief they were involved in crime.
Legaspi could not be contacted for explanation this week, but a friend said he was no longer living in the family relaxed where he has been monitored in recent weeks.
It is understood that Roe was draw to a close in a car registered to Legaspi in recent months and that he had done deals with Byrne’s Energetic Car Sales.
It was raided last March by officers investigating organised lawlessness and the CAB and 29 motors were removed.
The com ny was dissolved last January – hardly a month before Byrne’s brother David was murdered in the Regency New Zealand pub.
It is understood that Byrne and Roe are top targets of both the CAB and the Garda’s Drugs and Organised Offence Bureau and their finances and dealings are being examined.
Liam Roe and David Byrne
Legaspi unwittingly ground himself subject to investigation after a number of deals with the team up were uncovered, but the dealer has insisted he has nothing to do with organised offence.
The car dealer was brought to court earlier this month by a medical counselor who lost a Ferrari in a deal for a McLaren car which he never received.
He allowed to y Dr Eddie O’Donnell €55,000 after the court heard he traded his Ferrari California with Legaspi’s fellowship Ocean Vehicle Trading Ltd on the basis it would rt-finance the purchase of a 2012 McLaren MP4 12C which he not in a million years received.
O’Donnell had obtained temporary freezing orders against Legaspi, preventing him from lop off his assets below a value of €150,000. The case is adjourned to October 12.
Dr O’Donnell demanded he made an arrangement to trade the Ferrari against the McLaren. Dr O’Donnell believed the car had never been delivered and he later discovered the Ferrari was sold for €137,300.