David Marsh, aged 29, who also conned a Limerick couple out of €76,000, has been remanded on bail pending sentence next week.
He knew the couple as he was in a relationship with the woman’s sister. He told them he had bought a house at “a knock-down price” in a development in Castletroy and promised them he could secure them the same deal.
The couple lodged €76,000 to Marsh’s bank account on the understanding that he was going to secure the property for them through his financial adviser.
The man became suspicious after two months when documentation that he had requested from Marsh was not produced. He confronted him and Marsh admitted to “squandering” the cash on an Audi, a rugby tour, and a holiday to New York.
The couple told the court it took them over 10 years to raise the money by saving their hard-earned wages and “making sacrifices”.
The following year, Marsh conned friends from his tag-rugby team in Stillorgan and colleagues from his workplace out of a total of €7,785 after telling them he could get tickets to Conor McGregor’s UFC Fight Night in Dublin ‘s O2 in July 2014.
He told others he had won a trip for six to Barbados but did not want to go so took cash off them to change the name on the tickets.
Marsh took €1,125 from one friend as a deposit for a flat that they were to move in together but he had never organised for the flat to be rented. He took €200 for two tickets from the same man for the UFC event.
Marsh, of Granite Court, Stepaside, pleaded guilty at Dublin Circuit Criminal Court to dishonestly inducing another to transfer €76,000 into his AIB account to purchase a site at Fox Hollow, Golf Links Rd, Castletroy on December 6, 2013.
He also pleaded guilty to 12 counts of dishonestly inducing another to give him various amounts of cash for items, knowing he could not provide it on dates between April and July 2014. He has no previous convictions.
Marsh wrote a letter of apology, read out in court, in which he apologised for taking advantage of his friends’ kindness to fill “my own twisted needs”.
He said he wanted to take full responsibility for his actions and apologised for altering and destroying their plans.
“I promise to do everything I can to make things right,” Marsh said, adding he was full of self-hatred and hoped “my actions do not destroy your faith in people”.
Judge John Aylmer said he wanted time to consider a lengthy forensic psychologist report and remanded Marsh on continuing bail until June 20 for sentence.
Leo Mulrooney, defending, said March had no money in court to compensate his victims. He said he hoped to raise cash for the victims through the sale of the Audi he bought with the money taken from the Limerick couple.
Counsel said Marsh had recently secured a job working as a sales rep in a phone shop, which he hoped would allow him to save a further €10,000 a year to offer to the victims.