Courts / Wicklow / Report

Solicitor used position to steal €27m from banks, prosecution tell jury

Date
2023-10-25
Stage
Trial
Primary locality
Redcross
County
Wicklow

Summary

Michael Lynn, a 55‑year‑old former solicitor, is accused of using his professional knowledge to deceive several banks and building societies between 2006 and 2007. He allegedly obtained multiple mortgages on the same properties, securing loans from Ulster Bank, Irish Nationwide, ACC Bank, Bank of Scotland Ireland and others, while presenting false documents and solicitor's undertakings. The prosecution claims he stole over €27 million, including €11 million for a single property, Glenlion in Howth, and €1.2 million for a €390,000 property, and received more than €500,000 for a property he did not purchase. He has pleaded not guilty to 21 counts of stealing property. The trial, presided over by Judge Martin Nolan, is expected to last up to eight weeks.

Who, what, where, when and why

What: Report matter: Solicitor used position to steal €27m from banks, prosecution tell jury. Charges or matters: 21 counts of stealing property from various financial institutions between 2006 and 2007. Procedural stage: trial

When:

Case subjects

Michael Lynn

Defendant

Charges: 21 counts of stealing property from various financial institutions between 2006 and 2007 (Alleged Or Contested)

Plea: Not guilty

Places mentioned

Secondary Mention

Topics

Stage Trial Theft

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