A former second hand car salesman has been found guilty of money laundering for a Dublin criminal who is currently jailed in England.
James Naylor (aged 37) of Forest View, Pine Forest Road, Glencullen was remanded on continuing bail by Judge Michael White at Dublin Circuit Criminal Court for sentence later.
The jury convicted him on two charges of having motor vehicles "which represented another person’s proceeds of drug dealing" and one charge each of possession of €22,000 and of €31,340 "which represented another person’s criminal activity". The crimes happened on dates from March 2001 to July 2002.
Naylor was acquitted by the jury of one charge of possessing motor vehicles "without lawful authority" from August 1, 2002 to June 1, 2003. Earlier, Judge White directed the jury to find him not guilty also on two other charges of laundering the proceeds of crime and drug trafficking.
He had pleaded not guilty to all seven charges of laundering the proceeds of criminal activities on dates between March 2001 and June 2003 during his eight-day trial.
The jury’s guilty verdicts were by 10-2 majority following almost six hours deliberations and after a night in a hotel. Judge White excused the eight men and four women from further jury service for 10 years.
Mr Dominic McGinn BL, prosecuting, told the jury that Naylor was a second hand car dealer with premises in Rathfarnham who had a business arrangement with Michael Byrne who was involved in various criminal activities, including drug dealing and handling stolen vehicles.
Byrne bought expensive cars with the proceeds of crime and gave them to the accused to sell through his legitimate car dealership. It had to decide what Naylor knew about Byrne’s activities.
Byrne with an address at Finnstown, Lucan was arrested in January 2002 at Dover ferry port in England in possession of a large amount of cash. He was later convicted of money laundering and jailed for six years .
During the subsequent investigation Naylor told gardai that Bynre supplied him with cars to sell and he would hold onto the money, believing finances would be sorted out at a later stage.
Naylor told gardaí he had €300,000 in stock representing money he held for Byrne at the time of Byrne’s arrest. He said he was unaware of the illegal nature of Byrne’s dealings but admitted they were "suspicious".
He later told gardaí he had been approached by purported creditors of Byrne and was asked for the balance of money made from the sale of the cars.
Naylor said he felt threatened by these people and remortgaged his house to pay them off despite being told not to do so by both the gardaí and by Byrne.