Business owner spared jail for using fake documents to get mortgage

A Dublin business owner has been ordered to complete 240 hours of community service for using fraudulent documents to secure a €71,000 mortgage. Kevin Molloy, aged 49, pleaded guilty at Dublin Circuit Criminal Court to three offences under the Theft and Fraud Offences Act committed between December 2014 and August 2016. The Donegal native, now resident in Celbridge, Co Kildare, had submitted false salary certificates, altered tax documents, and fabricated wage slips to Ulster Bank during his mortgage application in 2016. Judge Melanie Greally imposed the community service order, to be completed within twelve months, in lieu of an eighteen-month prison sentence. The judge noted the bank sustained no financial loss, that Molloy had cooperated with gardaí, and that he maintained mortgage repayments. The offences were discovered following a Bank of Ireland report to gardaí in July 2016.