Estate agent loses appeal over Ponzi scheme

A former estate agent who operated a €1.6m "Ponzi"scheme has lost an appeal against his six-year jail sentence.

Estate agent loses appeal over Ponzi scheme

A former estate agent who operated a €1.6m "Ponzi"scheme has lost an appeal against his six-year jail sentence.

Eamonn Kelly of Decies Road, Ballyfermot, duped 25 investors from Dublin, Wexford and Donegal including some who were effectively left in penury after they trusted him with large redundancy payments.

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