Courts / Dublin / Report

Man fraudulently obtained mortgage to pay brother's drug debt

Date
2016-12-13
Stage
Hearing Or Decision
Primary locality
Dublin
County
Dublin

Summary

David McGuinness, aged 27, fraudulently obtained a €99,000 mortgage on his parents' house by presenting a forged payslip and bank statement. The loan was advanced before the fraud was discovered, and the money was handed to a criminal gang to pay his older brother's drug debt. McGuinness did not profit personally. He pleaded guilty at Dublin Circuit Criminal Court to obtaining a mortgage by deception and using false instruments. With 21 prior convictions, Judge Melanie Greally described the operation as "relatively sophisticated" and noted the documentation appeared legitimate. She imposed a two‑year sentence, suspended in full, and ordered 240 hours of community service within one year. The court heard the mortgage was being paid and the bank was not at a loss. The case highlighted the bank's reliance on false information and the family's hardship due to the brother's drug addiction.

Who, what, where, when and why

What: Report matter: Man fraudulently obtained mortgage to pay brother's drug debt. Charges or matters: obtaining a mortgage by deception and using false instruments, a Bank of Ireland statement and a payslip, at Permanent TSB, Rathfarnham on June 14, 2013. Procedural stage: hearing_or_decision

When:

Why: A man who fraudulently obtained a mortgage on his parent's house in order to repay his older brother's drug debt has avoided jail. CNI source report

Case subjects

David McGuinness

Defendant

Charges: obtaining a mortgage by deception and using false instruments, a Bank of Ireland statement and a payslip, at Permanent TSB, Rathfarnham on June 14, 2013 (Admitted)

Plea: Guilty

Places mentioned

Residence
Court Venue
  • Dublin
  • Dublin Circuit Criminal Court
Secondary Mention

Topics

Drugs Fraud Stage Hearing Or Decision

Related court reports

Read the original CNI report

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