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£63m cash fraudster's sentence 'pathetic', says Edwin Poots

By Staff Reporter

Published 02/04/2015

Edwin Poots
Edwin Poots

A former DUP minister has described the suspended sentence handed down to a convicted money launderer as pathetic.

DUP justice committee member Edwin Poots said he would be writing to the Public Prosecutor after a Newry man was handed a two-year suspended sentence after admitting his involvement in a multi-million-pound money-laundering operation for criminals and drug-dealers.

A court heard last year that £63m passed through Rory Trainor's Best Rate Bureau business, being exchanged from sterling to euro and vice-versa, in less than two-and-a-half years.

His sentencing had been deferred until this week from last year to see if he would stay out of trouble.

Trainor (38), of Dunbrae Road, Newry, admitted converting the proceeds of crime for criminal gangs, mainly drug dealers.

Mr Poots said: "It is hard to reconcile the suspended sentence with the gravity of the offence."

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