Island Millionaire Trevor Baines has been given a six-year sentence for his role in helping to launder $175 million from a huge US share scam.

Last month, he was convicted of money laundering, while both he and his wife Wendy were found guilty of false accounting.

Amid gasps from supporters in the public gallery this morning, Acting Deemster Birkett sentenced him to six years for money laundering and one year for false accounting to run concurrently.

Wendy Baines was sentenced to nine months in prison, suspended for two years, for her part in what the acting Deemster said was one of the largest money-laundering cases in Manx history.