Gerdas Svambaris receives suspended sentence for proceeds offence

This report is a localnews.ie summary based on public court reporting and records; sources are listed below.

Gerdas Svambaris received a fully suspended nine-month sentence at Dublin Circuit Criminal Court for possession of the proceeds of criminal conduct. The proceedings were reported on 14 October 2021. He pleaded guilty. Judge Melanie Greally imposed the sentence, suspending it in its entirety on strict conditions.

The offence concerned money lodged into his AIB account in Lucan on 24 April 2019. His account was frozen before he could withdraw it. The report said he was 18 and preparing for his Leaving Certificate, while Detective Garda Damien Reilly accepted that fear was involved, that Svambaris had tried to back out and that he was assessed as a low risk of reoffending.