Financial consultant was paid €145k by deception

A former banker, turned financial consultant, played on the worries of friends and acquaintances about the safety of banking money in Ireland in 2011 and got them to pay him €145,000 by deception.

Financial consultant was paid €145k by deception

With the exception of sums amounting to less than €5,000, the injured parties have received none of it back yet. John Hartnett of Ballinvragnosig, Riverstick, Co Cork, pleaded guilty to four charges on the indictment at Cork Circuit Criminal Court, stating that he dishonestly induced others to make investments to make gain for himself.

The charges related to €45,000 from Ian Coughlan in Carrigaline, on January 14, 2011; €45,000 from Norma Coughlan in Carrigaline one week later; €25,000 and €20,000 cheques from Norma Coughlan at Brookdale, Riverstick, on April 8, 2011, and €10,000 from Laura Murphy in Douglas on October 17, 2012.

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