Courts / Louth / Report

Businessmen go on trial accused of stealing €250k

Date
2017-02-22
Stage
Trial
Primary locality
Dundalk
County
Louth

Summary

Two Louth businessmen, Anthony Roddy (64) and Raymond Fee (34), are on trial for allegedly stealing €250,000 from Kevin Brady between September 2006 and August 2007. They claimed Brady would invest in a €35 million land deal, promising a deposit of €1 million to buy land north of Drogheda. Brady provided a €250,000 bank draft, and later a €100,000 draft for a supposed share portfolio. He sought refunds, receiving €15,000 twice and €47,000, but was told the deal would finish by Christmas 2008 or take two years. Brady visited solicitors, then received a call about selling a farm for €250,000. In May 2009 he reported the matter to the gardai, prompting the investigation and charges. The trial, before Judge Karen O'Connor and a jury, continues next week. Anthony Roddy pleaded not guilty. Raymond Fee pleaded not guilty.

Who, what, where, when and why

What: Report matter: Businessmen go on trial accused of stealing €250k. Charges or matters: stealing €250,000 from Kevin Brady in Dundalk on dates between September 22, 2006 and August 23, 2007; dishonestly by deception inducing Mr Brady to provide a bank draft of €100,000 on the pretext it would be invested in shares on his behalf at Rampart Lane, Dundalk on March 3, 2007. Procedural stage: trial

When:

Why: Mr Brady then heard the land had been bought and became alarmed because he had never agreed to buy the land. CNI source report

Case subjects

Anthony Roddy

Defendant

Charges: stealing €250,000 from Kevin Brady in Dundalk on dates between September 22, 2006 and August 23, 2007; dishonestly by deception inducing Mr Brady to provide a bank draft of €100,000 on the pretext it would be invested in shares on his behalf at Rampart Lane, Dundalk on March 3, 2007 (Alleged Or Contested)

Plea: Not guilty

Raymond Fee

Defendant

Charges: stealing €250,000 from Kevin Brady in Dundalk on dates between September 22, 2006 and August 23, 2007; dishonestly by deception inducing Mr Brady to provide a bank draft of €100,000 on the pretext it would be invested in shares on his behalf at Rampart Lane, Dundalk on March 3, 2007 (Alleged Or Contested)

Plea: Not guilty

Places mentioned

Secondary Mention
Residence
Address Area
  • Rampart Lane
  • The Avenue

Topics

Stage Trial Theft

Related court reports

Read the original CNI report

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