Courts / Kildare / Report
Jail for company director who stole €460k from firm to keep her own afloat
Summary
Lisa Lynch, 33, a former director of AGL Logistics, pleaded guilty in Dublin Circuit Criminal Court to stealing €460,660 from Bibby Financial Services over a three‑month period in 2013. She created 93 false invoices in the names of eight of her companies, which Bibby treated as legitimate and advanced 80 % of the debt to AGL. The money was transferred to a personal account and partially repaid to Bibby, allowing AGL to maintain cash flow. Lynch admitted falsifying emails and invoices, claiming she acted to keep her company solvent and protect her employees. She was sentenced to 18 months imprisonment, with the court noting her low risk of re‑offending and her cooperation with the Garda investigation. AGL Logistics has since dissolved, and Lynch's family home faces repossession. The sentence was adjourned until after Christmas to allow her to inform her children of the offence.
Who, what, where, when and why
What: Report matter: Jail for company director who stole €460k from firm to keep her own afloat. Charges or matters: stealing the money from Bibby Financial Services over a three-month period in 2013. Procedural stage: sentence
When:
- January 11th Adjournment
- October 2013 Other
- 2010 and 2013 Other
- Christmas Incident
- 2017-12-12 Publication
Why: She told gardaí that her husband was not aware of what was going on, and that she had carried out the money laundering in order to keep her company solvent as she felt a sense of responsibility to her employees. CNI source report
Case subjects
Convicted Person
Charges: stealing the money from Bibby Financial Services over a three-month period in 2013 (Admitted)
Plea: Guilty
Outcome: Credit: Collins) By Jessica Magee and Declan Brennan A former company director who stole over €460,000 from another firm and laundered the money in a bid to keep her own company afloat has been sentenced to 18 months imprisonment. Passing sentence today, Judge Martin Nolan said Lynch's offending involved a serious amount of duplicity and required her to fulfil a "lot of paperwork" to "hoodwink" the financial services firm.
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