Courts / Wicklow / Report

Solicitor's signature on €3.7m loan undertaking 'not hers', Michael Lynn trial hears

Date
2022-03-09
Stage
Trial
Primary locality
Wicklow
County
Wicklow

Summary

During the trial of Michael Lynn, a solicitor claimed that a signature on a €3.7 million loan undertaking was not hers. Lynn, aged 53, faces 21 counts of theft involving about €27 million from seven banks. Prosecutor Cathal MacCarthy, a former Permanent TSB legal officer, explained that Lynn applied for a €3,725,625 loan in May 2007 to buy 12 properties, offering a first legal charge as security. Lynn signed a letter of approval in June 2007, and a letter of undertaking was supposedly signed by solicitor Fiona McAleenan, granting Lynn's irrevocable authority. MacCarthy later discovered that the signature on the undertaking was not McAleenan's, an issue that raised alarm in October 2007. Lynn denies wrongdoing, arguing that McAleenan routinely allowed her signature to be used on various documents. The case proceeds before a jury. Michael Lynn pleaded not guilty.

Who, what, where, when and why

What: Report matter: Solicitor's signature on €3.7m loan undertaking 'not hers', Michael Lynn trial hears. Charges or matters: 21 counts of theft in Dublin between October 23, 2006 and April 20, 2007. Procedural stage: trial

When:

Case subjects

Michael Lynn

Accused

Charges: 21 counts of theft in Dublin between October 23, 2006 and April 20, 2007 (Alleged Or Contested)

Plea: Not guilty

Places mentioned

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

Topics

Stage Trial Theft

Related court reports

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