A MAN has admitted handling thousands of pounds worth of foreign currency stolen in an armed robbery at a travel agency earlier this year.
Stephen Walton, 34, of Sheriff Hill, Gateshead, appeared at Durham Crown Court yesterday when he denied robbing Callers Pegasus' branch in Consett, when £25,000 worth of travellers' cheques and currency were stolen.
But he admitted receiving stolen Gambian, Polish and Cypriot currency between January 22 and 25.
The prosecution accepted the pleas and sentence was adjourned by Judge Richard Lowden for the preparation of reports on Walton by the probation service.
He was remanded in custody until next Wednesday when he will appear with a co-accused, a 29-year-old North Tyneside man, arrested on an incoming flight at Gatwick Airport, on February 19.
Two masked raiders, armed with a kitchen knife and screwdriver, threatened assistants in the Middle Street premises before escaping with travellers' cheques and currency in the raid, shortly after 5pm on January 22
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