Brothers secure order to freeze assets of friend who allegedly pulled off 'elaborate fraud'

The action has been brought by Gary and David McGuinness against US-based David Morrisroe who they claim has failed to answer their questions about funds they gave to him in 2015 and 2016 to be invested in Irish and European property and precious gems. File image: iStock

Two brothers who claim they are the victims of an "elaborate fraud" have secured a High Court order freezing the assets of a friend to whom they gave €1.25 million to invest in various projects.

The action has been brought by Gary and David McGuinness against US-based David Morrisroe who they claim has failed to answer their questions about funds they gave to him in 2015 and 2016 to be invested in Irish and European property and precious gems.