jailed over 8
His crimes were described as a classic pyramid scheme.
A previous court hearing was told he used money from friends and acquaintances for invespatagonia better sweater fleece 1 4 ziptment in property and businesses in Ireland and abroad for himself, includipatagonia coupons unlimited2ng an apartment in Barbados, and to buy a car for his wife.
But prosecuting lawyers said that even if every single euro was recovered it would have to be divided between a much larger group of people who have lost money than the five people named in these criminal chargpatagonia better sweater magentaes.
In a previous court hearing in July, the court heard O was destitute and lived on a week.
When wanted their money back, O would convince someone else to give him money for a bogus investment.
Towards the end of 2008, the court heard, it all came to an end.
O wrote cheques that bounced and claimed his taxi business had been burgled.
Detective Sergeant Mpatagonia coupons unlimited1artin Griffin said he had tried to buy himself some time.
He was eventually confronted by two brothers who lost more than and attended a meeting in a Dublin solicitor office with some of his creditors, where he admitted everything.
Their solicitor Brian Quigley said O expressed sopatagonia better sweater bluerrow and remorse at this meeting but also said it was easy to pull the suckers in while the economy was booming .
O denies saying that.
The court heard O crimes have had a devastating financial effect on the injured parties.
One of them, Pat Doyle, who lost said he was npatagonia coupons unlimited3ot able to give his children the kind of education he had planned to give them, although O had been able to give such an education to his children.
His lawyer told the court O had lost his home, his marriage had ended and he had lost meaningful contact with his three children.
He had lost contact with his elderly father who had guaranteed some of his transactions, unaware his son had no funds to meet them.
He said the accoutrements to patagonia coupons unlimitedthe lavish lifestyle he had once had were well gone.
O was now living an entirely different life to the life he had in 2008. Hepatagonia discount code little tikes had been portrayed in the media as the poster boy for the worst excesses of the Celtic Tiger.
The court was told O always believed the people who had given him money would get their money back.
Defence counsel Patrick McGrath said O showed genuine remorse and was doing everything he could to make good the losses to the injured parties to the extent he could.
One of the victims, Louis Dowley, knew O for 25 years, as his wife had been in Trinity College with him.
Aggravating factors taken into account
Judge Patricia Ryan said she took into account the aggravating factors in the case which were the serious nature of the offence, the amounts involpatagonia guide jacket motorved, that they took place over a period of time, the number of transactions and the bpatagonia coupons unlimited0reach of trust.
The mitigating factors in the casepatagonia guide pants and blouses were his plea of guilty, his expression of remorse, no previous convictions, the effect this would have on his ability to earn a living in future, the adverse publicipatagonia guide pants 100%ty, his previous good character, the fact that he volpatagonia guide pants 90%unteered information in 2patagonia hiking shoes cheap008, his efforts to make good the losses and his willingness to sign any documents when asked.
