Courts / Meath / Report

High level member of transnational crime gang had €350k in cash and Rolexes

Date
2021-06-28
Stage
Sentence
Primary locality
Dunshaughlin
County
Meath

Summary

Jason Reed, a 40-year-old from Dunshaughlin, Co Meath, pleaded guilty to money laundering and possessing the proceeds of crime. He admitted to having €32,330 and £390 at his home and €289,770 and £62,025 in a blue Nike bag at a Drogheda car park on May 11, 2021. Prosecutors alleged Reed was a high-level member of a transnational crime gang, noting he possessed five luxury watches, an encrypted phone, and had purchased a mobile home in cash despite having no source of income. His vehicle was found to have a remote-controlled false compartment. Catherine Dawson, 44, also pleaded guilty to possessing the cash while knowing or being reckless as to whether it was criminal proceeds. She was sentenced to three years and nine months in prison, a term fully suspended for five years. Mr Justice Hunt remanded Reed in custody to reappear for sentencing at the Special Criminal Court on Monday, July 5. The court acknowledged Reed's early plea, lack of previous convictions, and cooperation with gardaí, but deferred the final disposal until the scheduled sentencing date.

Who, what, where, when and why

What: Report matter: High level member of transnational crime gang had €350k in cash and Rolexes. Charges or matters: money laundering at his home address after €32,330 and £390 (€441) was found there on May 11 of last year; money laundering and possessing the proceeds of crime at a car park on Donore Road, Drogheda, Co Louth, when he was in possession of €289,770 in euro and £62,025 (€70,207) in cash in a blue Nike bag on the same date; possessing the cash while knowing or being reckless as to whether the money was the proceeds of criminal conduct. Procedural stage: sentence

When:

Case subjects

Catherine Dawson

Convicted Person

Charges: possessing the cash while knowing or being reckless as to whether the money was the proceeds of criminal conduct (Admitted)

Plea: Guilty

Outcome: Catherine Dawson, who was given a suspended sentence last month for her role in transporting €600,000. Dawson was sentenced to three years and nine months in prison at the three-judge court but the term was fully suspended for five years.; Mr Justice Hunt remanded Reed in custody to reappear for sentencing at the Special Criminal Court on Monday, July 5.

Jason Reed

Convicted Person

Charges: money laundering at his home address after €32,330 and £390 (€441) was found there on May 11 of last year; money laundering and possessing the proceeds of crime at a car park on Donore Road, Drogheda, Co Louth, when he was in possession of €289,770 in euro and £62,025 (€70,207) in cash in a blue Nike bag on the same date; possessing the cash while knowing or being reckless as to whether the money was the proceeds of criminal conduct (Admitted)

Plea: Guilty

Outcome: Credit: Collins) A high level member of a transnational crime gang who was targeted by gardai will be sentenced next month after he was caught with more than €350k in crime cash. The detective said that Reed then interacted with the driver of a white Hyundai, Catherine Dawson, who was given a suspended sentence last month for her role in transporting €600,000.; Mr Justice Hunt remanded Reed in custody to reappear for sentencing at the Special Criminal Court on Monday, July 5.

Places mentioned

Address Area
  • Donore Road
Court Venue
Garda Station
  • was taken to Santry Garda Station
Facility
  • Reed's house

Topics

Fraud Stage Sentence

Related court reports

Read the original CNI report

Correction or retraction request

If a fact, identity, locality or legal outcome needs review, email the newsroom with this report's details prefilled.

Email a correction request