Men in pub said Vat scam could net €10k a week, court hears

A Clare builder was told by two individuals in a pub that he stood to make between €2,000 and €10,000 per week if he participated in an alleged Vat scam.

Ennis Circuit Court heard the details of a Sept 2000 meeting at Burke’s pub at Ardrahan, Co Galway where Derek Floyd, aged 34, of 21Lower Main St, Tulla, allegedly agreed to take part in the alleged scam.

In an interview with Revenue inspector Michael Downey in May 2004 read out in court yesterday, Mr Floyd said: “They told me that I could earn between €2,000 and €10,000 a week doing this and there would be no comeback on it.”