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Sunday, 5 June 2011

BUNGLING gangster has lost thousands in cash -- after spending three months putting money into a frozen account


09:59 |



The man, who leads a gang suspected of carrying out a spate of ATM raids across the country, is out of pocket because he continued to deposit large amounts of cash into his credit union account without knowing that gardai had frozen it.

The feared gangster, who is originally from the Ballyfermot area but now lives in Co Wicklow, has not been able to get any of the cash that he put into the account over three months.

"He went absolutely mental when he discovered his account was frozen -- it just goes to show that he is not the smartest criminal in the world," said a source.

brothers

The man's gang have been linked to an ATM robbery in Tinahely, Co Wicklow, in May when six men used a digger to demolish the front of a Bank of Ireland building.

During the robbery in the early hours of May 1, a gang member shoved a gun in a man's face as he filmed them tearing down the bank and hundreds of thousands of euro worth of damage was caused.

The gang which is led by the Ballyfermot crime figure -- who is in his 40s -- has major links to crime gangs based in Wicklow, Wexford and Carlow. He cannot be named for legal reasons.

The man's gang was also linked with murdered brothers Paul and Kenneth Corbally who were shot dead last June but the brothers fell out with the gangster after a major row over the proceeds of ATM robbery.

TARGET

A special garda operation codenamed Operation Slope was set-up to target the gang.

As part of the investigation, gardai examined bank accounts held by gang members who were all in receipt of welfare and unemployment benefits.

The accounts showed that sums of between €30,000 and €50,000 were going each month through an account of one female member based in north Co Wexford, who was also in receipt of welfare payments.

A detailed file on the gang has been sent to the DPP which outlines the links between 20 armed robberies across Ireland in the past three years.

The DPP is expected to make a decision on charging gang members before the end of this month.

Officers believe the gang has netted over €500,000 from the raids which caused over €1m worth of damage.


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