Socialite arrested after pyramid scheme probe

SOCIALITE Breifne O’Brien has been arrested by gardaí investigating one of the country’s most high-profile pyramid schemes.

The Garda fraud unit picked him up in south Dublin yesterday morning and followed this up with a search of a house in Monkstown, Co Dublin.

It is more than two-and-a-half years since the Commercial Court referred Mr O’Brien’s activities to the Garda following a number of cases taken by disgruntled investors.