The defence team representing Manx advocate Jenny Holt is considering its next move today (Wednesday), following her conviction on one count of money laundering and two of creating false records.

There were gasps in the public gallery as the verdicts were read out yesterday afternoon and Holt, who has been bailed ahead of sentencing next month, left the court in tears.

The charges stemmed from late 2009, when she was part of the defence team for former business tycoon Trevor, and his wife Wendy, in their money laundering case.

In a trial of twists and turns, there were two attempts for the Holt case to be thrown out.

The defence argued the trial should be halted part way through as there was insufficient evidence to prosecute.

Then, when another local radio station - Energy FM - reported the 'no case to answer' application had been made, while the trial was ongoing, the defence argued the jury should be stood down as a re-trial was needed.

In the end, a seven-member jury took two and a half hours to return guilty verdicts on the 30-year-old from Union Mills.

Acting Deemster David Turner said it was 'a very sad day for a young Manx advocate'.

He told Holt all sentencing options were open to him, but he would take into account her 'excellent character'.