"GAA star in alleged scam" Mod Note on page 1 and 2

evolvingtipperary101

It was stated in 2011 in the Irish Times that the chalet was sold as part of the AIB agreement... but was it?...

Ex-Dragon's Swiss chalet sold as part of AIB case – The Irish Times

AndrewJRenko

I saw a suggestion that the properties covered most of the outstanding €9 million. If that’s true, the report is fairly misleading.

Trampas

Prime time have gone after <admin snip> and his sister now. I guess we can assume he won’t be on the lls with tubs soon

greenspurs

https://www.boards.ie/discussion/comment/120254921#Comment_120254921

Proof ??

hawley

Was talking to someone who knows about the case and apparently a lot of the hurling community are worried about his mental health. He has gone to ground over the past few months.

https://www.boards.ie/discussion/comment/120254987#Comment_120254987

Correct, and they haven't made any link between <admin snip> and any other news story that may have appeared recently.

RabbleRouser2k

https://www.boards.ie/discussion/comment/120256295#Comment_120256295

If we were taking a couple of grand, I'd have sympathy for the guy.

A couple of million, and a 'write-off' I have less so.

Rosita

I have no idea why people are talking (earlier in the thread) about jail and illegality. The country is full of people (ordinary non-politicians too), probably including some on this thread, who failed to pay back or were late paying back loans/mortgages.

These are private matters between individuals and/or financial institutions. Usually people have assets stripped/repossessed and are, in reality, pinned to the wall in terms of financial flexibility, access to credit in the future etc. A write down sounds like a handy arrangement but you can be sure has plenty of strings attached. But this idea of "he didn't pay back money, put him in jail" is laughable.

There's another well-known sports person (who I mentioned before here and weirdly had the post deleted) whose situation seems analogous to this one which is why I mentioned it. This is someone who unfortunately for themselves and everyone concerned go in way too deep trying to get rich quick beyond their natural capacity to do so and crashed. To the best of my knowledge that person is still, and will remain at large.

Silly lazy inappropriate comparisons with politicians decades ago who were found guilty of corrupting the planning process are just that. There are laws which deal with that.

Notmything

https://www.boards.ie/discussion/comment/120256295#Comment_120256295

Until recently they were staying in a hotel and holding court like royalty daily. All the while getting his bills paid by the county council and county gaa. Never seemed to be keeping the head down at all.

Only went to ground when gardai came knocking and stories started emerging.

Xander10

https://www.boards.ie/discussion/comment/120256416#Comment_120256416

Why would the county council be paying his bills?

StevenToast

Mod Edit

Warning issued.

Damien360

Public news in 2015 that DJ had a judgement for that sum of money from AIB. Amazing it took so long to play out. It's in the article below but what caught my eye was the chat he had with Ray Darcy. Read it and see what I mean. It's public information for a long time.

https://www.irishmirror.ie/news/irish-news/hurling-legend-dj-carey-vows-6357740?int_source=amp_continue_reading&int_medium=amp&int_campaign=continue_reading_button#amp-readmore-target

tibruit

https://www.boards.ie/discussion/comment/120255679#Comment_120255679

Of course. It`s not like the guy is living the high life up in the K Club and AIB are taking the hit. They did well to get 60k out of him on top of what was secured on the loans. It`s just more sensationalist journalism and it`s easy to kick someone who is already on the ground. Back in 06/07 banks were contacting customers and telling them they were underborrowed, when behind the scenes they knew the game was up. There`s one or two individuals with close associations to RTE who are still living in the original mansion after securing big debt write downs. That`s the real story as far as the banks go and their dealings with those individuals, not the guy who loses everything.

Once you know there is no possible way that you can repay the loan, then you stop making payments and try to hide income from the bank. I`m not defending the scammer in any way here but that`s probably how the whole scheme began....trying to survive on unofficial income. He obviously got very good at it.

evolvingtipperary101

Why is the year of the write down stated as 2017 in the rte article. But the agreement and property sales detailed in court go back to 2011 and 2012?

Gusser09

https://www.boards.ie/discussion/comment/120256380#Comment_120256380

The differ is codding people out of their money by telling them you have cancer.

That's not a regular loan.

Getting a write down of 9 million isn't the same as Johnny and Mary not being able to meet the financial repayment on a loan of 200k .

Aurelian

Would this mean all his properties were repossessed with him still then owing 60k ?

Rosita

https://www.boards.ie/discussion/comment/120256618#Comment_120256618

But the circumstances of the loan is a matter for civil law if a legal remedy is required.

And "it's not the same as Johnny and Mary"? Maybe not with regard to relatablility and public sympathy. But other than that it actually is kind of the same thing. Just the amounts and publicity differ. All these things end in settlements of some kind with banks taking a hit on that particular loan.

patsy_mccabe

I see the GAA star tried to get money from the GPA too. I don't think we've reached the bottom of the hole yet.

GAA star in fraud probe approached players' union the GPA for money - Independent.ie

namloc1980

https://www.boards.ie/discussion/comment/120255691#Comment_120255691

It was a bad debt that wasn't being paid. Banks, for all sorts of regulatory and accounting reasons, can't leave bad debts sitting out there on their balance sheets that they know have no hope of being paid. They have to be dealt with.

evolvingtipperary101

States in the article:

In 2017, a reporter from this newspaper contacted him about an alleged cancer diagnosis and got the following response by text: “I received a letter from you this morning. I hope you are well. Thank you for the sensitive words in it. It’s a matter that I want and need to keep private and don’t wish to have out in public. Thank you for your understanding.”

He has also experienced financial troubles, with a number of debt judgments being secured against him over the years

He has claimed to numerous individuals that he is suffering from a rare bone marrow cancer and needs to receive urgent care abroad in the US.

However, those who donated to him out of kindness now fear they may have been deceived. While claiming to be unable to afford the treatment himself, he was a regular at luxury hotels and golf courses.

“He was here pretty much every day up until very recently,” said a staff member at a golf resort. Another staff member at a five-star hotel said he was “a regular face” but they hadn’t seen him in around “six or seven months”.

Independent.ie has also learned that in recent years he was employed by a small business in the south-east but left after a short period.

He has also experienced financial troubles, with a number of debt judgments being secured against him over the years. The sports figure has no previous convictions.

In 2017, gardaí received intelligence on the individual due to concerns about mortgage documentation. However, it was never acted on or investigated.

Since the allegations of fraud emerged, many in his home county have been reluctant to speak out

A senior source said: “For it to be acted upon, someone would have had to make a formal complaint, but no formal complaint was ever made so it was never followed up.”

It is understood the intelligence was received by gardaí from the Revenue Commissioners.

Bobtheman

I'm not totally familiar with debt write offs vs bankruptcy. I just can't understand with all this debt he simply didn't go to the UK for a year and do bankruptcy.

That newstalk guy did. Ivan Yates

Unless he didn't want the bankruptcy court looking into his finances too much.

road_high

Where the hell did all that money go? I mean properties in the K club and mount Juliet didn’t really lose their value to that extent and if they were repossessed likely covered the loans outstanding. So where did it all go? Gambling?

Beechwoodspark

Mod Edit

Warinng issued.

Gusser09

https://www.boards.ie/discussion/comment/120256295#Comment_120256295

Thats not the over riding narrative though.

I know plenty of GAA folks from that part of the country and they are outraged. They have no time for him and havent for years. Yes he has some people codded but they are in the minority. Most people knew he was a parasite.

The GAA community, which i am part of are too quick at times to give members a pass for deplorable carry on based on mental health nonsense. And the higher your GAA profile the more you get away with. Donal Og and Tom Humphries comes to mind.

Its endemic in other sports too. Rory Best and Paddy Jackson.

Rosita

https://www.boards.ie/discussion/comment/120257139#Comment_120257139

Extremely likely that anyone who bought at a certain time in recent history would find themselves in significant negative equity especially when interest on loans is factored in. It's not just a question of comparing original market value and headline (before interest) amount owed to banks.

road_high

https://www.boards.ie/discussion/comment/120257250#Comment_120257250

I know. But almost ten million?!

Properties in those places didn’t fall that much in value. Worst come to worst they could have been rented out At significant sums. The loans clearly weren’t being serviced at all.

Notmything

https://www.boards.ie/discussion/comment/120257285#Comment_120257285

Story is "messy separation" but yeah would be right up there in terms of fiction.

Everything about this case is bizarre. Never knew ex gaa stars were so well treated in society.

Can be sure if I was separating the council wouldn't pay for my hotel room.

Personally I would be asking if there were any links or communication between his old county officials and the guys in the bank

tibruit

https://www.boards.ie/discussion/comment/120257131#Comment_120257131

He went into it with nothing and came out of it with nothing. It was his partner that really took the hit, the Swiss chalet etc. It would be interesting to know how much AIB got out of him up to 2017 and why they kept stringing him along. Did he keep coming up with money and what was the source? Paddy Power doesn`t seem to have been too concerned about where Tony10 was getting his money from.

evolvingtipperary101

There's not just a GAA circle involved here. Golf circuit. High-end business directors and company owners. Himself and his ex were on the celebrity/business circuit.

Nothing adds up.

She went to the UK to live with her Mum. So, maybe, there was a bankruptcy filed. Maybe there has been a complication because of the divorce. Perhaps, money was hidden in other areas. Maybe that's why the revenue reported something to the gardai in 2017. But that was never pursued. It's all very strange.

evolvingtipperary101

https://www.boards.ie/discussion/comment/120256380#Comment_120256380

That is in itself a lazy logic.

There's a culture of fraud and greed at the heart of this. And banks and politicians and their loanees are all connected in this. There are people who took advantage of people in the pursuit of profit. Illegally. This is another instance of this culture, directly related to that period of time.