Taxi Driver Online

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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