2022-11-04 · Dublin
Business manager jailed for stealing from 'pyramid scheme' investors
In a Dublin Circuit Criminal Court hearing, Donal Hayes, a 64‑year‑old former business manager of an insolvent investment company, was sentenced to three years' imprisonment for theft and inducing investors to invest under false premises. Hayes claimed he was unaware the company operated as a pyramid scheme, yet he persuaded investors to give him…