Thursday 19 September 2019

Male model charged over €1.1m money laundering offences

Arrested: Mark Andrew Adams was accused of having the monies over a five-year period
Arrested: Mark Andrew Adams was accused of having the monies over a five-year period
Andrew Phelan

Andrew Phelan

A male model has been charged with money laundering offences over the possession of sums totalling more than €1.1m.

Mark Andrew Adams (39) was arrested and appeared at court accused of possession of criminal proceeds at Dublin Airport and other locations over a five-year period.

Judge Michael Walsh remanded him in custody with consent to bail and adjourned the case for the preparation of a book of evidence.

Mr Adams, a currently unemployed father-of-one of Castleheath, Malahide, is accused of possession of €298,290, alleged to be the proceeds of criminal conduct, at Permanent TSB, Malahide, between January 1, 2013, and March 28, 2017.

Mr Adams is further charged with having €582,045 in alleged crime proceeds at Dublin Airport on September 11, 2015.

He is charged with having another €78,990 at Bank Of Ireland Credit Card Centre, Lower Mayor Street, IFSC, between January 16 and July 23, 2018.

A fourth charge is that he converted, transferred, handled or possessed €227,136 in crime proceeds at Bank of Ireland, Dublin Airport, between January 13, 2014, and August 18, 2018.

The sums total just under €1.2m and the charges are all under the Money Laundering and Terrorist Financing Act.

Detective Garda Tom Victory, of the Garda National Economic Crime Bureau, told Dublin District Court he arrested Mr Adams for the purpose of charging him at Chancery Street at 9.34am yesterday and took him to Bridewell garda station.

He was charged in Det Gda Victory's presence and had nothing to say to any of the counts after caution.

He was handed copies of the charge sheets.

The DPP's directions were for return for trial to Dublin Circuit Criminal Court when a book of evidence is ready.

The DPP was also consenting to the accused being sent forward on a signed plea of guilty if this arises.

Mr Adams has not yet indicated how he intends to plead to the charges.

Defence solicitor Danny Nolan applied for bail and the court heard there were no garda objections subject to conditions.

Judge Walsh granted bail in the accused's own bond of €1,000, with an independent surety of €10,000, to be approved by the court.

The judge required a total of €6,000 to be lodged in cash.

Irish Independent

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