£1m Ulster Bank fraud case ends

Two men who defrauded Ulster Bank of over £1m (€1.26m) by lodging fictitious invoices with the bank to keep a business afloat have escaped jail at Dublin Circuit Criminal Court.

Niall Clarkin (aged 61), of Springfield Park, Foxrock, the managing director of the Label Centre Ltd, received a 12-month suspended sentence and Gerard Roche (aged 68), of New Row Square, Dublin 8, general secretary and financial controller, received a month suspended from Judge Frank O’Donnell.