Whereabouts of accused financial advisor unknown, court hears

Gardaí in Buncrana, Co Donegal have been unable to locate a financial advisor accused of misappropriating investor funds, the High Court heard on Tuesday. James Doherty, who traded as Demvera Capital Partners, faces contempt allegations following his failure to comply with court orders to return €159,000 advanced by Jamie Murphy for investment purposes in 2017. Ms Justice Leonie Reynolds previously froze Mr Doherty's assets and those of two related companies. The court was told that gardaí have conducted extensive searches at multiple addresses linked to Mr Doherty but found no trace of him. Enquiries established he is not in receipt of social welfare and has had no recent contact with family or acquaintances. Gardaí are aware he may be driving a grey BMW 518 Saloon with a 141 Donegal registration. The judge adjourned proceedings until such time as Mr Doherty can be located and brought before the court to answer the contempt allegation.