Case No. 3109Money laundering, failing to disclose information to gardaí · Co. Cork · 11 May 2026
Cork couple sentenced for role in money laundering scheme with Simon Gold
Cyril Keegan (54) and Ruth Kennedy (55) from Co Cork were sentenced at Dublin Circuit Criminal Court on 11 May 2026 for their roles in a money laundering scheme with convicted money launderer Simon Gold. Keegan was jailed for three years and nine months for three counts of money laundering totalling €288,650, while Kennedy received a suspended two-year sentence for failing to disclose information to gardaí.
- Reportednot reported
- Arrestednot reported
- Chargednot reported
- In courtnot reported
- Verdictnot reported
- Sentenced11 May
reportedhappened, not reportedlatest stagenot yet
Key facts
consolidated from all reports20 statements extracted from the articles
- whatKeegan money-laundered nearly €290,000 including from a Canadian medical cannabis company (irishtimes.com)
- whatKeegan's account received just over €180,000 from a Canadian medical cannabis start-up (irishtimes.com)
- whatThe CEO of the cannabis start-up believed the money would be used to secure $85 million in funding (irishtimes.com)
- whereThe couple's address is Old Mill, Browns Mill, Co Cork (irishtimes.com)
- whereSimon Gold is from Windy Ridge House, Cartontroy, Athlone, Co Westmeath (irishtimes.com)
- investigationEmails and messages between Keegan and Gold were uncovered by gardaí (irishtimes.com)
- investigationDet Garda Sean Sheehan of the Garda National Economic Crime Bureau provided evidence (irishtimes.com)
- chargeKeegan pleaded guilty to three counts of money laundering on dates between 2017 and 2018 totalling €288,650 (irishtimes.com)
- chargeKennedy pleaded guilty to one count of failing to disclose information to gardaí on 26 July 2021 under section 19 of the Criminal Justice Act 2011 (irishtimes.com)
- courtJudge Martin Nolan imposed the sentences at Dublin Circuit Criminal Court (irishtimes.com)
- sentenceKeegan was jailed for three years and nine months (irishtimes.com)
- sentenceKennedy was given a suspended two-year sentence (irishtimes.com)
- sentenceGold was jailed for 7½ years in 2019 for money laundering €1.6 million (irishtimes.com)
- sentenceThe judge set a headline sentence of six years and reduced it to three years nine months for Keegan (irishtimes.com)
- otherNeither Keegan nor Kennedy had any previous convictions (irishtimes.com)
- otherGold was later sentenced for dishonestly opening two bank accounts upon his release from jail (irishtimes.com)
- otherKeegan was a former accountant whose career ended after health issues from a car crash in the early 2000s (irishtimes.com)
- otherKennedy ran a coffee shop in Cork before it closed in 2015 (irishtimes.com)
- otherKennedy was unable to account for the €26,000 that had come into her account when interviewed by gardaí (irishtimes.com)
- otherDefence said the money was used by the couple to pay the mortgage and other bills (irishtimes.com)
The reporting
newest first- 11 May2026Cork couple sentenced for role in criminal scheme with convicted money launderer
Sentencing details for Keegan and Kennedy, including judge's reasoning, mitigating factors, and background on the Simon Gold scheme involving a Canadian medical cannabis company.
convicted, Cyril Keegan, 54, male, Irish, named, irishCyril Keeganconvicted, Ruth Kennedy, 55, female, Irish, named, irishRuth Kennedyconvicted, Simon Gold, 61, male, Irish, named, irishSimon Gold