A 21-year-old offender has admitted to laundering money after he was caught carrying a large sum of cash on the ferry.
Kye Mason pleaded guilty to two counts of attempting to remove criminal property from the island, namely £3,300 and €1,120, and one count of possession of criminal property, namely £5,450.
Another charge, of attempting to remove £8,750 from the island, was dismissed.
Prosecuting barrister Chrissie Hunt told the court Mason was booked as a foot passenger on the 3pm ferry to Liverpool on August 14 last year, with another man due to appear in court at a later date.
Mason was questioned by security staff at the Isle of Man Marine Terminal about the purpose of his trip and said he was going to visit his grandmother in Chester.
He claimed that the money he had on him was for shopping.
He said he was going to be away for a month, but he was only carrying a backpack.
Police were called after security personnel became suspicious and Mason was escorted off the boat.
In his bag, the police found £3,300 and 1,120 euros in cash.
Mason, who lives in Bridson Street, Port Erin, told police some of the money came from a friend, but declined to name them.
He said he wasn’t working, so the police asked him how he had so much money and Mason replied that he had “saved up for years”.
A search for an address on Prince’s Avenue in Douglas, where Mason was living at the time, turned up more cash totaling £5,450.
Defense attorney Sara-Jayne Dodge requested that a probation report be prepared before sentencing.
Magistrates referred the case to the General Prison Court because an order confiscating the money, under the Proceeds of Crime Act, can only be made in the higher court. He will appear there on July 1.