Ex-Businessman Breifne O'Brien loses appeal against sentence for €8.5m deception

Former businessman Breifne O'Brien has lost an appeal his seven-year sentence for inducing others to advance millions of euro to him for investment in bogus property deals.

The 54-year-old, with an address at Monkstown Grove, Monkstown, Co Dublin, had pleaded guilty at Dublin Circuit Criminal Court to 14 sample counts of making a gain or causing a loss by deception or theft of around €8.5m between 2003 and 2008.