Michael Cole receives suspended sentence for money laundering

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

Michael Cole received a fully suspended sentence for possessing the proceeds of criminal conduct at Dublin Circuit Criminal Court, reported on 5 November 2019. The offence involved €20,000 paid into his Bank of Ireland account at Newlands Cross, Clondalkin, on 17 May 2016.

Cole also pleaded guilty to possessing cannabis at his home on 14 November 2017. Judge Martin Nolan imposed two-and-a-half years’ imprisonment, suspended in full on strict conditions. The court heard that €960,000 had been recovered, while €80,000 remained outstanding.