Gangsters place a £250,000 bounty on the head of Olivia Pratt-Korbel’s killer in a bid to silence ‘grass’

Gangsters put a bounty of £250,000 on their account Olivia Pratt-Korbel‘s killer amid fears he will ‘grass’ fellow gang members to ease his sentence has been reported tonight.

Thomas Cashman, 34, shot and killed Olivia at their home in Liverpool’s Dovecot in August last year. He had targeted drug dealer Joseph Nee, 36, who had walked into the building moments earlier.

Cashman, who has reportedly been linked to three other unsolved murders, faces life in prison if convicted tomorrow for Olivia’s death.

That’s what a gang insider told me The sun that a bounty to “silence him” has been issued and is already circulating in the north and around prisons.

The source added that there are several people “who won’t think twice about carrying it out.”

Drug lords have put a £250,000 bounty on 34-year-old killer Thomas Cashman (pictured). Last August, he shot and killed nine-year-old Olivia Pratt-Korbel

Cashman spent decades behind bars for the murder of nine-year-old schoolgirl Olivia (pictured)

Cashman spent decades behind bars for the murder of nine-year-old schoolgirl Olivia (pictured)

News of the bounty was announced via encrypted messaging app Telegram, the source explained.

Those who ordered the attack reportedly worry that Cashman will pass on information about gang executions and unsolved murders in an effort to improve the terms of his imprisonment.

There are concerns that his testimony would cause a “world of pain” for several major organized crime bosses who “don’t want their activities looked at.”

“He has nothing to lose – he’s in a tight spot,” the source told The Sun. “There are the living who will mingle with him in the coming months and years and who won’t think twice about carrying it out.”

The insider added that Cashman knows “everything there is to know about organized crime, drugs and violence” in Merseyside.

The convicted killer claimed in court that he was merely a cannabis dealer, but was reportedly known as a hit man who “had no thought of putting a bullet in anyone.”

Gang bosses have put out a £250,000 bounty to 'silence him' over fears that Cashman (pictured in a sketch of the court on Thursday after the verdicts were read) will 'grass' fellow criminals.  News of the bounty is already circulating in the north and around prisons

Gang bosses have put out a £250,000 bounty to ‘silence him’ over fears that Cashman (pictured in a sketch of the court on Thursday after the verdicts were read) will ‘grass’ fellow criminals. News of the bounty is already circulating in the north and around prisons

Cashman spent decades behind bars for the murder of nine-year-old schoolgirl Olivia (pictured).  He will be sentenced on Monday

Cashman spent decades behind bars for the murder of nine-year-old schoolgirl Olivia (pictured)

Cashman killed Olivia and injured her mother Cheryl Korbel, 46, when he chased convicted drug dealer Nee into their home on August 22 last year.

He had attempted to carry out Nee’s murder while walking home from a friend’s house, but his gun jammed and Cashman’s target fled and stormed into Olivia’s house in an attempt to save himself.

Although Cashman killed nine-year-old Olivia and did not kill Nee, he allegedly demanded half of his £100,000 hitman fee.

Cashman was ordered to kill Nee because he owed a crime family a drug debt, a source previously told The Sun.

They said, ‘Cashman has no heart. Everyone knew Olivia was mortally wounded, but he didn’t seem to care, despite being a father himself.”

The youngster’s devastated family cried with relief on Thursday as the jury at Manchester Crown Court voted unanimously convicted him of Olivia’s murder.

The career criminal was also found guilty of attempted murder of Nee, as well as wounding with intent to cause grievous bodily harm to Olivia’s mother.

He was also convicted of two counts of possession of a firearm with intent to endanger life.

Terrifying CCTV footage showed a gun-wielding Cashman (in blue) chasing down his intended target, Joseph Nee (in red)

Terrifying CCTV footage showed a gun-wielding Cashman (in blue) chasing down his intended target, Joseph Nee (in red)

The footage was released by Merseyside Police following Thursday's verdict.  Thomas Cashman (aka TC) can be heard firing at his intended target

The footage was released by Merseyside Police following Thursday’s verdict. Thomas Cashman (aka TC) can be heard firing at his intended target

Pictured: A bullet hole in the front door of Olivia Pratt-Korbel's childhood home, where the schoolgirl died inside

Pictured: A bullet hole in the front door of Olivia Pratt-Korbel’s childhood home, where the schoolgirl died inside

Cashman, a father of two, insisted he had been at a friend’s house around the time of the shooting, where he counted £10,000 in cash and smoked a joint.

During his testimony, he told the court, “I’m not a murderer, I’m a father.”

But a woman who had an affair with Cashman told the jury that he came to her house after the shooting, where he changed clothes and she heard him say he “did Joey.”

Cashman’s former lover testified from behind a screen, saying she “ruined her life” to help put the killer away.

She described how on the night of August 22 last year, drug dealer Cashman jumped over backyards to take refuge in her home.

After realizing he had killed nine-year-old Olivia, she had reported the man she had been “in love” with to the police, risking her own life.

Cashman insisted he had been with a friend around the time of the shooting, where he counted £10,000 in cash and smoked a joint.  Pictured: An artist's impression of Thomas Cashman testifying at his trial at Manchester Crown Court

Cashman insisted he had been with a friend around the time of the shooting, where he counted £10,000 in cash and smoked a joint. Pictured: An artist’s impression of Thomas Cashman testifying at his trial at Manchester Crown Court

Nine-year-old Olivia Pratt-Korbel was killed in the failed assassination attempt on a convicted dealer

Nine-year-old Olivia Pratt-Korbel was killed in the failed assassination attempt on a convicted dealer

As a star witness in Cashman’s 18-day murder trial, she had to give degrading and tasteless details about the couple’s affair, including the size of Cashman’s genitals.

Having become crucial to Cashman’s conviction, she would have faced more threats than any witness Merseyside Police have ever dealt with.

Cashman, who spent decades behind bars, told the court she was a “woman despised” and accused her of lying because she wanted to “ruin” his life.

His ex has since been granted life anonymity under the witness protection scheme and is believed to have moved on from Liverpool.