2023-12-01 · Louth
Contractor who defrauded finance company out of €369k avoids jail for second time
In December 2023 the Court of Appeal upheld a decision that Pearse O'Connor, a 41‑year‑old contractor from Dundalk, would not serve jail time for a second time after a fully suspended five‑year sentence was deemed too lenient. O'Connor had pleaded guilty in April 2021 to six charges of invoice fraud and fraudulent trading, having used false invoices to secure €369,000 from Keys Commercial Finance to keep his company afloat during financial hardship in 2015. The original trial court had suspended the entire sentence and banned him from directing a company for life. The appeal court noted that the offence involved large sums over several months and that the custodial threshold had been crossed, but it also recognised O'Connor's ongoing efforts to reform, including addressing an alcohol problem and maintaining family responsibilities.