Ex-financial adviser to be sentenced for €109k insurance scam

A former on-air financial adviser with Newstalk who carried out a €109,000 life insurance scam will be sentenced next week.

Clare Dooley, aged 43, who later founded Moneybloom, which helped restructure loans for those in mortgage distress, committed the offences following a failed business venture in 2011.

Dooley was due to be sentenced yesterday at Dublin Circuit Criminal Court by Judge Desmond Hogan, but the prosecution said “certain matters” needed to be clarified by the State and it would be to everyone’s benefit to adjourn sentencing.