07/10/2016

Co Armagh Man Jailed After Cash Stashed Over Home

A County Armagh man has been jailed after HM Revenue and Customs (HMRC) found tens of thousands of pounds hidden in all different parts of his home.

Neil Fearon, 30, received a six month prison sentence after €138,505 and £35,420, as well as a cash counting machine, was found during the search of a property in Silverbridge in April 2014.

He will also serve eight months on licence.

Mr Fearon told investigators there was no cash on the premises however substantial sums were found hidden throughout the house and in vehicles.

Steve Tracey, Assistant Director, Fraud Investigation Service, HMRC, said: "Fearon's house was stuffed full of unexplained cash. But HMRC is taking criminal cash out of circulation and no one is beyond our reach. The message is clear – crime doesn't pay and if you try to reap benefits from a criminal lifestyle, we will come for you.

"If you know anyone who is evading their taxes, or handling large quantities of unexplained cash, you can report them by calling our 24-hour Hotline on 0800 59 5000."

(CD)

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