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Dale Cregan’s sister avoids jail after living luxury lifestyle with laundered money
Tuesday 29th November 2016 @ 11:18 by Adam Higgins
Droylsden Hyde News

The sister of killer Dale Cregan has avoided jail after funding a luxury lifestyle using money she laundered for her drug-baron boyfriend, a court was told.

Stacey Cregan, 30, from Droylsden, was found with luxury watches which police believe were bought with cash from her former partner William Black’s criminal empire.

Black was jailed for 15 years in January this year after a jury found him guilty of a number of charges – including conspiracy to supply class A drugs, fraud and money laundering.

Police had become suspicious of Black after they had searched his home – in which he lived with Stacey Cregan – while hunting for Dale Cregan over the murders of David and Mark Short in 2012.

At the time Black claimed he ran a second-hand shop and was earning just above minimum wage – but police found thousands of pounds in cash and jewellery worth £120,000.

Just five days after the raid in September 2012, Dale Cregan brutally murdered police officers Fiona Bone and Nicola Hughes in a gun and grenade attack in Hattersley.

Stacey Cregan was reportedly found wearing a gold Rolex worth £16,800, while a similar men’s watch was uncovered beneath the floor boards at their house on Waverley Crescent in Droylsden.

It is understood Dale Cregan had paid a deposit on the jewellery in May 2012 and his sister went to the shop to “complete the transaction”.

Then in 2013 two additional watches were uncovered in a police raid.

Stacey Cregan denied the money laundering charges – but was found guilty by a jury at Manchester Crown Court at an earlier trial.

Now a judge has decided to suspend the six month jail term handed down to her for two years.

The court was told Miss Cregan, who has a 10 year-old daughter, has now moved away from the area and assumed a new identity.

She will be supervised by the probation service for a year of her sentence.