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27/03/2009
Cunningham Guilty Of Northern Cash Scam
An Irish financial adviser has been found guilty of 'laundering' cash from the £26.5m Northern Bank robbery in Belfast.
The majority of the jury at the trial of Ted Cunningham has today agreed his guilt over charges of laundering money from the infamous robbery which forced the bank to redesign and print new notes (pictured).
Irish state prosecutors said that Timothy 'Ted' Cunningham knew that more than £3 million traced to him was from the infamous December 2004 heist.
The 60-year-old, of Farran, Co Cork, had denied 20 offences linked to the 'dirty money' racket, which moved cash from Belfast to Cork in the Irish Republic.
The financier maintained that the £2.3 million discovered in a locked cupboard in the basement of his home on February 16, 2005 came from the cash sale of a gravel pit in Co Offaly to Bulgarian businessmen
Cunningham, 60, of Farran, County Cork, faces up to 14 years in jail.
A majority of the jury at Cork Criminal Court found him guilty on Friday after two days of deliberations.
A gang stole the money from the headquarters of the Northern Bank in Belfast in a raid widely blamed on the IRA.
(BMcC/JM)
The majority of the jury at the trial of Ted Cunningham has today agreed his guilt over charges of laundering money from the infamous robbery which forced the bank to redesign and print new notes (pictured).
Irish state prosecutors said that Timothy 'Ted' Cunningham knew that more than £3 million traced to him was from the infamous December 2004 heist.
The 60-year-old, of Farran, Co Cork, had denied 20 offences linked to the 'dirty money' racket, which moved cash from Belfast to Cork in the Irish Republic.
The financier maintained that the £2.3 million discovered in a locked cupboard in the basement of his home on February 16, 2005 came from the cash sale of a gravel pit in Co Offaly to Bulgarian businessmen
Cunningham, 60, of Farran, County Cork, faces up to 14 years in jail.
A majority of the jury at Cork Criminal Court found him guilty on Friday after two days of deliberations.
A gang stole the money from the headquarters of the Northern Bank in Belfast in a raid widely blamed on the IRA.
(BMcC/JM)
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19 February 2014
Northern Bank Cash Laundering: Financier Changes Plea To Guilty
Timothy 'Ted' Cunningham, the financial adviser who denied involvement in laundering £605,000 from the Northern Bank robbery, has changed his plea to guilty.
Northern Bank Cash Laundering: Financier Changes Plea To Guilty
Timothy 'Ted' Cunningham, the financial adviser who denied involvement in laundering £605,000 from the Northern Bank robbery, has changed his plea to guilty.
10 November 2004
Industry urges NI to ‘play safe’ with cash cards
Cash machine users were today advised to keep playing safe when making cash withdrawals, despite fraudulent cash withdrawals in Northern Ireland falling by 8% to £368,000 over the past year. However, despite a fall in Northern Ireland figures the rest of the UK saw an average rise of 85% in fraudulent cash withdrawals over the same period.
Industry urges NI to ‘play safe’ with cash cards
Cash machine users were today advised to keep playing safe when making cash withdrawals, despite fraudulent cash withdrawals in Northern Ireland falling by 8% to £368,000 over the past year. However, despite a fall in Northern Ireland figures the rest of the UK saw an average rise of 85% in fraudulent cash withdrawals over the same period.
29 February 2008
Nationwide ATM Customers Face Day Of Reckoning
It was a very merry Christmas indeed for thousands of Nationwide customers who haven't been charged for cash machine withdrawals - but the day of reckoning is looming. Nationwide has apologised to its customers in Northern Ireland after money they withdrew from Northern Bank cash machines was not debited from their accounts.
Nationwide ATM Customers Face Day Of Reckoning
It was a very merry Christmas indeed for thousands of Nationwide customers who haven't been charged for cash machine withdrawals - but the day of reckoning is looming. Nationwide has apologised to its customers in Northern Ireland after money they withdrew from Northern Bank cash machines was not debited from their accounts.
18 January 2018
Investigation Launched Following Burglary In Co Antrim
An investigation has launched following a burglary at a house in Co Antrim. The break-in occurred in the Massereene Gardens area on Tuesday, 09 January. A number of items including cash, bank cards, jewellery, and electronic items were stolen.
Investigation Launched Following Burglary In Co Antrim
An investigation has launched following a burglary at a house in Co Antrim. The break-in occurred in the Massereene Gardens area on Tuesday, 09 January. A number of items including cash, bank cards, jewellery, and electronic items were stolen.
15 January 2009
Cork Father And Son Deny Northern Bank Involvement
A father and son from Cork have denied laundering money taken during the Northern Bank robbery five years ago. Timothy 'Ted' Cunningham, 60, and Timothy John Cunningham, 33, pleaded not guilty to 24 charges of 'laundering' sums of over £3 million.
Cork Father And Son Deny Northern Bank Involvement
A father and son from Cork have denied laundering money taken during the Northern Bank robbery five years ago. Timothy 'Ted' Cunningham, 60, and Timothy John Cunningham, 33, pleaded not guilty to 24 charges of 'laundering' sums of over £3 million.
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Northern Ireland WeatherToday:The day will be very windy with strong to gale force westerly winds becoming occasionally severe along the north coast. Sunny spells will be interspersed with scattered showers. Maximum temperature 8 °C.Tonight:West to northwest gale force winds, severe along the north coast, will continue overnight. Frequent showers persist, merging into longer periods of rain at times and turning wintry. Minimum temperature 1 °C.
