Courts / Wicklow / Report
Michael Lynn spun 'web of deceit' with €27m mortgage 'scheme', State tell jury
Summary
Former solicitor Michael Lynn, aged 53, faces 21 theft charges for allegedly stealing about €27 million from seven banks. Prosecutors say he obtained multiple mortgages on the same properties, misled lenders, and used forged documents. Lynn applied for mortgages from at least two, often several, institutions, each unaware of the others' loans. He presented false statements of affairs and forged letters of undertaking, claiming they were signed by a solicitor and partner at his firm. The prosecution alleges he used these tactics to secure over €11 million for a family home in County Dublin and additional funds for investment properties. Lynn denies all charges. The trial, heard in Dublin Circuit Criminal Court, is before a 15‑member jury and is expected to last up to 14 weeks, with over 70 witnesses scheduled. The case involves Ulster Bank, Bank of Ireland Mortgages, Bank of Scotland Ireland, Danske Bank, ACC, Irish Life and Permanent, and Irish Nationwide Building Society.
Who, what, where, when and why
What: Report matter: Michael Lynn spun 'web of deceit' with €27m mortgage 'scheme', State tell jury. Charges or matters: 21 counts of theft in Dublin on dates between October 23, 2006 and April 20, 2007. Procedural stage: trial
When:
- October 23, 2006 Hearing Or Sentence
- April 20, 2007 Hearing Or Sentence
- 2022-02-09 Publication
Why: He said this was important because it enables institutions to check the land registry to see if there is another mortgage on a property. CNI source report
Case subjects
Defendant
Charges: 21 counts of theft in Dublin on dates between October 23, 2006 and April 20, 2007 (Alleged Or Contested)
Plea: Not guilty
Places mentioned
Topics
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