Pensioners used ransom money on spending spreeMonday 14 March 2011 19.25
The High Court in Belfast has been told how a group of pensioners went on a spending spree using tens of thousands of pounds from a kidnap carried out by dissident republicans.
Dissident republicans got away with £100,000 handed over as a ransom after they had kidnapped an employee of an Asda store.
The court heard the cash was left with 66-year-old Gerry McGlade.
His lawyer said the defendant and some of his elderly friends then went on a spree after seeing the cash.
This led the judge to suggest that the pensioners had scammed the scammers.
The prosecution claimed that when Mr McGlade told police what had happened, he admitted having spent tens of thousands of pounds.
Mr McGlade denied any terrorist links and claimed he was under threat from dissident republicans because of what he had done with the money. He was released on bail.