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Breifne O'Brien to be sentenced

Businessman Breifne O'Brien is due to be sentenced today for multimillion euro fraud offences. The 5...
TodayFM
TodayFM

6:52 AM - 30 Jul 2014



Breifne O'Brien to be sent...

News

Breifne O'Brien to be sentenced

TodayFM
TodayFM

6:52 AM - 30 Jul 2014



Businessman Breifne O'Brien is due to be sentenced today for multimillion euro fraud offences.

The 52 year old with an address at Monkstown Grove, Co Dublin faces up to ten years in prison after pleading guilty to 14 theft and deception charges dating from 2003 to 2008.

Our Courts Correspondent Francesca Comyn reports:

Breifne O'Brien went all the way to the Supreme Court to try stop his trial.

He claimed too much adverse publicity meant he would not receive a fair hearing.

The 52 year old lost that battle in May.

Last month on the day his trial was due to start he pleaded guilty to 14 sample counts of theft and deception.

The businessman now admits defrauding 5 individuals out of millions of euro in a scam likened to a ponzi scheme

Friends and associates including farmer Louis Dowley, and businessman Evan Newell were duped into investing in bogus property, shipping and insurance deals here and in places like Paris and Hamburg.

The sentencing hearing before Judge Patricia Ryan is expected to go on all day.

 



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