Michael Lynn - The Irish Casey Serin Strikes!

temene · 2010-08-19 20:30:50 UTC

Anyone know where Lynn is these days or what’s going on in this woeful tale?

BoyRacer · 2010-08-19 21:59:49 UTC

rate-your-solicitor.com/?sec … s&id=10611

Law Society to get Lynn’s €54,000 -> independent.ie/national-news … 47193.html

And in case you are wondering where Cabanas de Tavira is -> maps.google.com/maps?t=h&hl=en&i … 77677&om=1

grumpy · 2010-10-19 10:45:31 UTC

Meanwhile, an order for possession was also granted in relation to four out of five properties belonging to fugitive solicitor Michael Lynn and a co-defendant.

The properties are unoccupied holiday homes in Carrick-on-Shannon, Co Leitrim.

Lynn took out a loan of more than €2.5m from Bank of Ireland to purchase the five properties.

The judge asked if anybody knew where Mr Lynn was, but this was unknown.

** “Short of some extraordinary means such as a sort of private investigation – at additional cost to the lender – everything has been done,” said counsel for the Bank of Ireland.**

Notice was served on Mr Lynn by way of two advertisements in national newspapers, the court heard.

“It seems to me that he has no legal defence to these proceedings,” added the lawyer. Repossession was ordered for four of the five properties, with a legal technicality delaying the process on the fifth.

No stay on the order was given as “it would be inappropriate in the circumstances”, said the judge.

We’ve done nothing Judge, and we’re all out of ideas

independent.ie/national-news … 84684.html

BrendanG · 2010-12-01 20:30:42 UTC

Bail out finally marks the end of insane Irish speculative boom
dailymail.co.uk/property/art … -boom.html
By SEBASTIAN O’KELLY
Last updated at 9:27 AM on 29th November 2010

If one person typified the insanity of the Irish property bubble it would be ‘the singing solicitor’ Michael Lynn.
It was just after Portugal had hosted football’s Euro 2004 and we were in a speedboat heading into Cabanas on the Algarve, together with star player Rui Costa and his wagtastic Italian wife.
Lynn and Costa were behind a holiday development on the edge of the town, and waiting at the harbour were the mayor, a band and 500 villagers. It was like the ‘Torreador’ scene from Carmen as Costa paraded through the streets, so when Lynn got to his feet to reply to the welcome, I was expecting an anticlimax.
But instead of speaking, Lynn walked over to a piano and belted out a highly polished jazz number, charming the entire throng.
Later, we chatted, played the piano and sang till 3am, and after we parted I thought he was one of the brightest and most engaging people I had met in property.
So it came as a shock to learn three years later that he had absconded with perhaps €80million - a staggering sum equivalent to £68million - having cleared out his client accounts and scammed the banks.
Absurdly, the Irish took years to issue a European arrest warrant and until recently Lynn was happily living near Cabanas, although he has now found Brazil to be more congenial.
Lynn, 43, a fugitive, was a symptom of a wider lunacy, as Irish ‘investors’ poured money into every madcap scheme going: a golf resort on Lake Balaton in Hungary, mini-villas in mafia-infested Calabria in southern Italy, ski resorts in Bulgaria and flats in Shanghai.
In Cape Verde, I met an amazed Italian diving instructor, who used to sell half a dozen flats a year on Sal. One day an Irishman appeared demanding to know the price, not for a unit, but an entire scheme of 40. Immediately, and in cash.
Worse than the international schemes was the speculation in Ireland itself, which now has some of the cheapest and nastiest modern housing anywhere in the northern hemisphere.
‘Ghost’ estates abound and there are 300,000 empty homes, as well as empty offices and hotels. Property prices have fallen 37 per cent since their 2007 peak, and that was before the trauma of last week’s bail out.
In the end, jail is likely to be the safest place for Michael Lynn, judging by the mood of a lynch mob that can be gauged on rate-your-solicitor.com
One hopes that a fair number of Ireland’s rotten-to-the-core political and banking establishment will be joining him there before this is all over.

What_Goes_Up · 2010-12-02 09:01:07 UTC

Irish Ways and Irish Laws.

https://www.youtube.com/watch?v=YVCKkdWc6SI

yoganmahew · 2010-12-02 13:27:28 UTC

Notice in the legal notices section of the IT today spotted by Mrs. YM…

Trial date 17 Jan 2011

BoyRacer · 2010-12-26 13:06:32 UTC

Bail out finally marks the end of insane Irish speculative boom -> dailymail.co.uk/property/art … -boom.html

So it came as a shock to learn three years later that he had absconded with perhaps €80million - a staggering sum equivalent to £68million - having cleared out his client accounts and scammed the banks.
Absurdly, the Irish took years to issue a European arrest warrant and until recently Lynn was happily living near Cabanas, although he has now found Brazil to be more congenial.
Lynn, 43, a fugitive, was a symptom of a wider lunacy, as Irish ‘investors’ poured money into every madcap scheme going: a golf resort on Lake Balaton in Hungary, mini-villas in mafia-infested Calabria in southern Italy, ski resorts in Bulgaria and flats in Shanghai.
In Cape Verde, I met an amazed Italian diving instructor, who used to sell half a dozen flats a year on Sal. One day an Irishman appeared demanding to know the price, not for a unit, but an entire scheme of 40. Immediately, and in cash.
Worse than the international schemes was the speculation in Ireland itself, which now has some of the cheapest and nastiest modern housing anywhere in the northern hemisphere.
‘Ghost’ estates abound and there are 300,000 empty homes, as well as empty offices and hotels. Property prices have fallen 37 per cent since their 2007 peak, and that was before the trauma of last week’s bail out.
In the end, jail is likely to be the safest place for Michael Lynn, judging by the mood of a lynch mob that can be gauged on rate-your-solicitor.com.
One hopes that a fair number of Ireland’s rotten-to-the-core political and banking establishment will be joining him there before this is all over.

there is more

The article does not make clear if the person buying in Cape Verde was Michael Lynn or someone else…

BoyRacer · 2011-03-20 09:39:05 UTC

Garda file on disgraced solicitor sent to DPP - Louise McBride -> independent.ie/business/iris … 86359.html

BoyRacer · 2011-07-03 11:41:14 UTC

Lynn lying poolside as fraud squad flounders - -> independent.ie/national-news … 11962.html

Mr Justice Frank Clarke noted that he was “very surprised” that the solicitor Thomas Byrne has still faced no action despite “certain admissions” he made in court.

**A fortnight ago, Ken Murphy of the Law Society, found it “incomprehensible” that the garda investigations into Lynn and Byrne were still ongoing even though the Law Society had struck them off and fined them €1m each in 2008.
**
So what’s taking so long?

Gardai will tell you that down at the Harcourt Street offices of the Garda National Bureau of Fraud Investigation, over-burdened detectives are straining under voluminous files, chasing paper trails and reluctant witnesses.
**
More than 80 people work there, 73 of whom are gardai. There is one chief superintendent; two superintendents; five inspectors; 14 sergeants and 51 detectives, 11 of whom were redeployed to the bureau in February.** They investigate computer crime, credit card crime, and money laundering but since the economy imploded, most of their resources have been deployed on commercial frauds.

The bureau is currently actively investigating 110 cases of commercial fraud. It is surprising that only two civilian forensic accountants are employed in the entire fraud section. And one of them was on loan to the Criminal Assets Bureau for a while, according to a garda source. But resources are not the problem, apparently. Alan Shatter used to be a harsh critic of the Anglo investigation’s slow progress until he became Minister for Justice. One of the first things he did on his first day in office was to ask gardai if they needed more staff to assist in the Anglo investigation. The force’s top brass told Shatter that “resources are sufficient to meet the ongoing daily demands”, he later informed the Dail. The Garda Commissioner also shot down claims from various garda associations that there simply aren’t the numbers to cope with white collar crime.

One senior officer said: “The level of proof required in documentary-based evidence is remarkably detailed. That is the single biggest difficulty in fraud cases.” Every piece of paper that is to be used as evidence in court must be authenticated, he said. And commercial fraud investigations generate lots of paper.

Every email, document and transaction generated along a long and convoluted paper trail must be authenticated by detectives. That means interviewing the author of the document and those who received it, as every alteration or annotation to the document as it progressed along the chain must be verified and initialled in the presence of a detective. If a witness somewhere along the paper trail refuses to cooperate, the evidential chain breaks.

This is one of the problems slowing up the Anglo Irish Bank investigation. More than 800,000 documents and 25,000 phone records have been examined to date by the 60 people working full time on the inquiry. But at least 10 witnesses are not co-operating and gardai don’t have the powers to force them to.

there is more

There is no will to prosecute. If there was the ruling class would be hiring forensic accountants with experience from the US or UK on contract or they’d be getting people trained up here.

fishfoodie · 2011-07-03 12:02:25 UTC

BoyRacer:

Lynn lying poolside as fraud squad flounders - -> independent.ie/national-news … 11962.html

Mr Justice Frank Clarke noted that he was “very surprised” that the solicitor Thomas Byrne has still faced no action despite “certain admissions” he made in court.

**A fortnight ago, Ken Murphy of the Law Society, found it “incomprehensible” that the garda investigations into Lynn and Byrne were still ongoing even though the Law Society had struck them off and fined them €1m each in 2008.
**

So what’s taking so long?

Gardai will tell you that down at the Harcourt Street offices of the Garda National Bureau of Fraud Investigation, over-burdened detectives are straining under voluminous files, chasing paper trails and reluctant witnesses.
**
More than 80 people work there, 73 of whom are gardai. There is one chief superintendent; two superintendents; five inspectors; 14 sergeants and 51 detectives, 11 of whom were redeployed to the bureau in February.** They investigate computer crime, credit card crime, and money laundering but since the economy imploded, most of their resources have been deployed on commercial frauds.

The bureau is currently actively investigating 110 cases of commercial fraud. It is surprising that only two civilian forensic accountants are employed in the entire fraud section. And one of them was on loan to the Criminal Assets Bureau for a while, according to a garda source. But resources are not the problem, apparently. Alan Shatter used to be a harsh critic of the Anglo investigation’s slow progress until he became Minister for Justice. One of the first things he did on his first day in office was to ask gardai if they needed more staff to assist in the Anglo investigation. The force’s top brass told Shatter that “resources are sufficient to meet the ongoing daily demands”, he later informed the Dail. The Garda Commissioner also shot down claims from various garda associations that there simply aren’t the numbers to cope with white collar crime.

One senior officer said: “The level of proof required in documentary-based evidence is remarkably detailed. That is the single biggest difficulty in fraud cases.” Every piece of paper that is to be used as evidence in court must be authenticated, he said. And commercial fraud investigations generate lots of paper.

Every email, document and transaction generated along a long and convoluted paper trail must be authenticated by detectives. That means interviewing the author of the document and those who received it, as every alteration or annotation to the document as it progressed along the chain must be verified and initialled in the presence of a detective. If a witness somewhere along the paper trail refuses to cooperate, the evidential chain breaks.

This is one of the problems slowing up the Anglo Irish Bank investigation. More than 800,000 documents and 25,000 phone records have been examined to date by the 60 people working full time on the inquiry. But at least 10 witnesses are not co-operating and gardai don’t have the powers to force them to.

there is more

There is no will to prosecute. If there was the ruling class would be hiring forensic accountants with experience from the US or UK on contract or they’d be getting people trained up here.

Yet again we witness this incredibly stupid inability of the Irish to learn the lessons of others & apply them themselves !

The US has consistently shown an ability to prosecute white collar crime & to secure convicitions in a juristiction where the defendant is, if anything, better protected than in Ireland; but guess what we ignored them & chose to copy the SFO in the UK who couldn’t organise a pissup in a brewery

The process is simple; you pick one fairly minor offence, but one which has a simple evidence chain & you prosecute it, & only it. Then when you get a conviction, your defendant is now a convicted criminal & hopefully inside prison. Prison isn’t a pleasant place & middleclass people become remarkably more cooperative once they’ve spent a couple of months slopping out & trying to avoid being raped !

If it worked for Capone, I’m pretty sure it can work for Lynn, Seanie et al.

2Pack · 2011-07-03 13:48:01 UTC

Trying to avoid paying for ‘services rendered’ in the clink as well. The safest place for bankers is with their old mates the Provos in Portlaoise. So send them to the Joy or Wheatfield instead and send the ODCs to Shelton Abbey.

If the crime is not a felony they cannot be extradited, the most minor indictable offence would seem to have the highest potential yield.

everybody_knows · 2011-07-03 14:02:47 UTC

fishfoodie:

BoyRacer:

Lynn lying poolside as fraud squad flounders - -> independent.ie/national-news … 11962.html

Mr Justice Frank Clarke noted that he was “very surprised” that the solicitor Thomas Byrne has still faced no action despite “certain admissions” he made in court.

**A fortnight ago, Ken Murphy of the Law Society, found it “incomprehensible” that the garda investigations into Lynn and Byrne were still ongoing even though the Law Society had struck them off and fined them €1m each in 2008.
**

So what’s taking so long?

Gardai will tell you that down at the Harcourt Street offices of the Garda National Bureau of Fraud Investigation, over-burdened detectives are straining under voluminous files, chasing paper trails and reluctant witnesses.
**
More than 80 people work there, 73 of whom are gardai. There is one chief superintendent; two superintendents; five inspectors; 14 sergeants and 51 detectives, 11 of whom were redeployed to the bureau in February.** They investigate computer crime, credit card crime, and money laundering but since the economy imploded, most of their resources have been deployed on commercial frauds.

The bureau is currently actively investigating 110 cases of commercial fraud. It is surprising that only two civilian forensic accountants are employed in the entire fraud section. And one of them was on loan to the Criminal Assets Bureau for a while, according to a garda source. But resources are not the problem, apparently. Alan Shatter used to be a harsh critic of the Anglo investigation’s slow progress until he became Minister for Justice. One of the first things he did on his first day in office was to ask gardai if they needed more staff to assist in the Anglo investigation. The force’s top brass told Shatter that “resources are sufficient to meet the ongoing daily demands”, he later informed the Dail. The Garda Commissioner also shot down claims from various garda associations that there simply aren’t the numbers to cope with white collar crime.

One senior officer said: “The level of proof required in documentary-based evidence is remarkably detailed. That is the single biggest difficulty in fraud cases.” Every piece of paper that is to be used as evidence in court must be authenticated, he said. And commercial fraud investigations generate lots of paper.

Every email, document and transaction generated along a long and convoluted paper trail must be authenticated by detectives. That means interviewing the author of the document and those who received it, as every alteration or annotation to the document as it progressed along the chain must be verified and initialled in the presence of a detective. If a witness somewhere along the paper trail refuses to cooperate, the evidential chain breaks.

This is one of the problems slowing up the Anglo Irish Bank investigation. More than 800,000 documents and 25,000 phone records have been examined to date by the 60 people working full time on the inquiry. But at least 10 witnesses are not co-operating and gardai don’t have the powers to force them to.

there is more

There is no will to prosecute. If there was the ruling class would be hiring forensic accountants with experience from the US or UK on contract or they’d be getting people trained up here.

Yet again we witness this incredibly stupid inability of the Irish to learn the lessons of others & apply them themselves !

The US has consistently shown an ability to prosecute white collar crime & to secure convicitions in a juristiction where the defendant is, if anything, better protected than in Ireland; but guess what we ignored them & chose to copy the SFO in the UK who couldn’t organise a pissup in a brewery

The process is simple; you pick one fairly minor offence, but one which has a simple evidence chain & you prosecute it, & only it. Then when you get a conviction, your defendant is now a convicted criminal & hopefully inside prison. Prison isn’t a pleasant place & middleclass people become remarkably more cooperative once they’ve spent a couple of months slopping out & trying to avoid being raped !

If it worked for Capone, I’m pretty sure it can work for Lynn, Seanie et al.

Ok , Take Seanie and Fingers . They have been vilified by the media . Yet Anglo was the poster boy for the boom and Irish Nationwide was the lender to Irelands elite . Yet not one single story has emerged from their lips about what went on behind closed doors . Seanie sent a warning shot accross the bow of Cowen over a golf game and it almost brought down the government .

What_Goes_Up · 2011-07-03 16:32:00 UTC

Ehhhhhh…

Where’s the perp walk?
viewtopic.php?f=19&t=30978

The more important question to ask the investigating team is “What’s in it for them?” - do they get lionised for producing the bodies or do they get thrown to the lions for not burying them?

BoyRacer · 2012-02-19 15:28:04 UTC

Puck_may_be_Famous · 2012-10-02 09:28:29 UTC

independent.ie/national-news … 47258.html

FUGITIVE solicitor Michael Lynn has placed himself completely beyond the reach of gardai by getting residential status in Brazil.

The on-the-run lawyer, pictured, has used the birth of his son to secure the permanent Brazilian visa.

Documents obtained by this newspaper show the lawyer was granted the visa in June because he has a child who was born there.

Mr Lynn is facing dozens of fraud-related charges after fleeing Ireland five years ago, owing more than ¿80m to several financial institutions.

However, the international warrant gardai have obtained for his arrest is not recognised in Brazil.

This means the 42-year-old will be able to avoid arrest as long as he stays in the South American country.

And having this visa ensures he will be able to stay there indefinitely.

Ireland does not have a bilateral extradition treaty with Brazil and Mr Lynn cannot be touched unless he opts to leave.

All parents of Brazilian-born children are entitled to a Brazilian visa, although it can take several months to process.

Brazilian government records show Mr Lynn and his wife, Brid Murphy, were granted permanent visas on June 26 on the basis of having a child born there.

It is understood their son was born in Brazil about two years ago.

Prior to getting the permanent visa, Mr Lynn had been using short-term tourist visas.

This meant he could only stay in the country for six weeks at a time before having to leave again.

Sources close to the former solicitor, who was struck off over his activities, confirmed he had no plans to return to Ireland.

After his disappearance in December 2007, Mr Lynn travelled initially to Portugal and Hungary.

But a former associate, Bulgarian property consultant Osman Oktay, said Mr Lynn had spoken at the time of ultimately fleeing to South America.

Mr Lynn left behind scores of furious investors, many of whom lost tens of thousands of euro each, when he left Ireland.

The investors lost their money after attempting to buy property in Portugal, Bulgaria, Slovakia and Hungary through his Kendar company.

He subsequently claimed he would try to make ensure investors got their money back, or got the properties they had paid for.

However, Fine Gael TD Frank Feighan, who lost €48,000 he had paid for an apartment in Bansko, a ski resort in Bulgaria, said he hadn’t “heard a word since”.

Warrant

“It doesn’t look (to me) as if Michael Lynn has made any effort to repay people,” he added.

Gardai secured an international arrest warrant earlier this year – following a protracted investigation – when the Director of Public Prosecutions finally gave the go-ahead for criminal charges.

The garda inquiry had suffered significant delays because some financial institutions which were scammed out of money by Mr Lynn had been slow in lodging formal complaints against him.

The former solicitor had agreed to meet gardai at a location in Europe in July last year, but the meeting fell through.

Contacts with him later broke down. At the time, gardai were unable by law to seek his extradition to face questioning over fraud allegations.

But the subsequent decision by the DPP to bring charges paved the way for the issuing of the international arrest warrant, which has been circulated to international police forces by Interpol. Prior to that the only warrant in place was for contempt of court and this could not be enforced outside the jurisdiction.Mr Lynn was struck off the solicitors’ register for fraudulently obtaining multiple mortgages against single properties. The Law Society imposed a fine of €2m, which he has not yet paid.

temene · 2012-10-02 17:10:57 UTC

Such depressing news.

tommyt · 2012-10-02 17:23:46 UTC

Ronnie Biggs eat yer heart out…
en.wikipedia.org/wiki/Ronnie_Biggs

NegativeEquity · 2012-10-03 10:53:34 UTC

And Ronnie Biggs recorded a tune with the sex pistols - can we expect Lynn to follow suit - maybe with Jedward.

tommyt · 2012-10-03 13:27:39 UTC

Will make an interesting interlude in the movie dramatisation “The great hock and stroll swindle”

Homeboy · 2012-10-03 13:41:59 UTC

No, not yet.