Hobbs denies magazine’s claim of illegal activity

RIP OFF Republic presenter Eddie Hobbs has denied he engaged in any illegal activity when advising a client about moving money to an offshore fund while he worked as a financial adviser in the 1990s.

Today’s edition of the weekly Village magazine, delayed as a result of a legal argument with Mr Hobbs, has raised questions about the consumer champion’s role while working with the Taylor Investment Group between 1993 and 1994.

Cork-born Mr Hobbs is a former business partner of the company’s founder, Tony Taylor, who was convicted of fraud involving clients’ funds and jailed in 2001.