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| DRUG SON IN 44K HANDOVER http://www.taxi-driver.co.uk/phpBB2/viewtopic.php?f=2&t=7767 |
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| Author: | JD [ Tue Jan 22, 2008 11:18 am ] |
| Post subject: | DRUG SON IN 44K HANDOVER |
Daily Record January 22, 2008, Tuesday DRUG SON IN 44K HANDOVER THE son of a feared drugs baron yesterday agreed to hand over pounds 44,000. It was the result of a confiscation case against 28-year-old Gerard Carbin. The move came after he and Jamie "The Iceman" Stevenson were both jailed for laundering more than 1 million pounds of drug cash. Prosecutors launched a probe into both men's finances to strip them of their proceeds of crime. At the High Court in Edinburgh yesterday, Carbin was given a month to pay the cash, which represents his realisable assets. Carbin, the son of one-eyed heroin dealer Gerry "Cyclops" Carbin, was jailed for five-and-a-half years and Stevenson got 12 years and nine months. Stevenson ran a multi-millionpound gangland empire and police bugged his home while he was in Seville for Celtic's 2003 UEFA Cup final. It helped provide evidence that Stevenson, a suspect in three murders, had laundered drug cash. Police learned that Stevenson and Carbin acquired 55 luxury watches worth pounds 307,087 between 2003 and 2006. Stevenson bought a fleet of 10 Skoda Octavia cars, worth pounds 98,605, and used themin a taxi business to launder drug cash. When police raided Carbin's East Kilbride home they found pounds 211,000 in cash stashed in a holdall and that money has now been forfeited by the Crown. Confiscation proceedings against Stevenson are still in the pipeline. _____________________ |
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