Glen Walsh, aged 27, stole almost €500,000 from AIB in Crumlin Cross over a period of six months by handing out cash to his co-accused, David Vickery, aged 27, who then used the money to place bets.
The pair would then use the winnings to reimburse the bank. After bets were lost during the 2010 World Cup, there was an ultimate shortfall of €40,000.
A third man took over Vickery’s role of placing bets with the stolen cash in April 2010 but this man was never prosecuted.
Detective Garda Michael McGrath said that Walsh and another colleague were the victims of a tiger kidnapping in June 2010.
A gun was put to the other man’s head while Walsh was forced to go to the bank in Crumlin and withdraw €210,000. The men were shown pictures of their respective families and serious threats were made against them.
The AIB was shut down that day because of the raid and an immediate audit was carried out which led to the discovery of Walsh’s theft.
The court heard that Walsh had a cheque for €20,000 to reimburse the bank the day of the tiger raid but couldn’t lodge this as the bank was shut down. He has since repaid the full €40,000.
Det Garda McGrath agreed with Patrick McGrath, defending, that gardaí are completely satisfied that Walsh had “no hand, act, or part” in the tiger kidnapping.
Walsh, of Killakee Grove, Firhouse, pleaded guilty at Dublin Circuit Criminal Court to theft of €40,000 from AIB Crumlin Cross West between January 1 and a date in June 2010. He has no previous convictions.
Vickery, of Sycamore Drive, Kingswood Heights, Tallaght, pleaded guilty to two charges of possessing €10,000 in stolen money at Boylesports, Terenure, on January 15, 2010, and Paddy Power, Belgard Rd, on April 6, 2010. He has a minor conviction for a road traffic offence.
Det Garda McGrath told Michael O’Higgins, prosecuting, that Walsh was a teller at the AIB in Crumlin when the audit revealed inconsistencies in lodgements through both paper and internet transactions.
The gardaí were contacted and both men later made full admissions.
Vickery said he made a profit of about €5,000 by the time his involvement came to an end in April 2010. He said at that stage there was no shortfall and the bank had been fully paid back.
Walsh left for Australia shortly after his interview and was brought back this June on an extradition warrant which he didn’t contest. He was remanded again on bail and has since complied with the conditions of that.
Det Garda McGrath agreed with Jonathan Kilfeather, defending Vickery, that he expressed genuine remorse for his involvement, comes from a decent family, and is unlikely to come before the courts again.
Det Garda McGrath outlined some of the bets placed by Vickery which included a treble bet on two rugby games and a soccer match leading to winnings of €28,000; a double on soccer matches that led to winnings of €48,000; and another successful bet of €34,000. The garda accepted Vickery has learnt his lesson, “100%”.
Judge Patricia Ryan remanded both Walsh and Vickery on continuing bail and adjourned sentencing to February 23.