US fraud trial of Corkman delayed

THE retrial of a Corkman on fraud charges in the US has been postponed again.

Jerry Shanahan, from Carrigaline, had been due to go on trial yesterday, but a federal judge in Concord, New Hampshire, postponed the trial until June 3.

He has been accused of fraud relating to his time as chief operating officer at the US-listed tech firm Enterasys. He and four other Enterasys executives were accused of fraudulently inflating the company’s accounts in 2001.