RTE Investigates [RTE 1]

I think it was directly related to his thieving sister though.

That’s the trap. The borrowers scrape together what they can, hand it to over and the process begins. The borrower is unlikely to contact The Original lenders (banks, building societies) quickly to check on progress of their mortgage being reassigned because questions mat get asked of the borrower. Like where did you get 20 grand from to pay the other lot while you haven’t paid us for quite some time…

Apologies yes, your correct, I was thinking about DJ"S and his former partners (Dragon) business collapse, not Dj"s cleaning business.

She has stolen at least 500K under false pretences and will unlikely be punished harshly or probably not at all.This country is really poor at dealing with criminal activity like this.

She's admitted that she owed these people their money back but due to circumstances can't do so now...but these people did it to get their mortgage amount values written down by their mortgage provider selling it on at a big discount....a lot of high profile cases seemed to have succeeded in achieving this namely frank McNamara and his wife Theresa lowe

MABS are there for anyone in such financial dire straits.

Such a neck on her, Ireland is such a small place to pull off swindles such as she has.

I hope she is held to account for her actions

She might have called herself an accountant but she is not a member of ACCA (as she claimed) - easily verified by checking the register of members (https://www.accaglobal.com/gb/en/member/find-an-accountant/directory-of-member.html). Unfortunately most people take you at your word when you say you're an accountant and don't check. A minor detail in her overall despicable behaviour but, as an actual accountant, it pissed me off for a lowlife like her to be using the letter designation.

I see we're your coming and your correct but in the sense the deal Frank Mc Namara and his wife did was a personal insolvency arrangement. In their case they had assets and an inheritance to use as leverage.

This said there's been some extraordinary PIA's approved by the High Court recently involving just a family home, deals like extending mortgage term (never an option previously) and in one case a person paying a reduced payment until they are in their 90's .

Whatever about the rights, wrongs of such deals it does appear that even vulture funds are accepting (albeit reluctantly) long term deals.

No, Sister (Black sheep of the family) so to speak and worth pointing out she's been involved in shenanigans since 2010/11 😡

There's something sexy about her in fairness. I'd be sucked in too

You are correct but I would just say, even Mabs have limited ability to help in situations we're repossession is inevitable and it would appear this was the case in these situations, that said there was the option of personal insolvency, Abhaile Mortgage to rent schemes etc . But clearly these people either poorly advised or desperate.

A good post and something along the lines of what I was just coming on to post.

Like everyone here I think it’s disgusting what was done to these people and hope there is some sort of justice got for them but they have to bear some of the responsibility themselves.

How are you not able to make payments on your mortgage but can hand over a €60k deposit to a new company? A lot of it stems back to the recession attitude where everyone that got greedy and over borrowed decided it was the banks fault for giving me the money, they should have known I couldn’t afford it, f**k them I’m not paying it back, or something along those lines. It’s also the reason those of us that do pay our loans are paying such high interest rates. But people need to take responsibility for their own actions.

If you can gather up €60k for a fraudster why didn’t you go to your existing bank with that €60k, give it to them as a payment and come to an arrangement on the remainder? Or the man that had €30k sitting in the bank left to him by his father, why leave that sitting there to give to a fraudster when he could have reduced some of his existing debt with it and made things easier for himself?

Again I will say it’s disgusting what was done to vulnerable people but they aren’t totally blameless. The reason they were able to be scammed so easily is because they thought they were the ones going to be scamming the banks by getting their loans reduced by 66% and keeping their properties. As someone said further up the thread “you can’t con an honest man”. If any of them had to go to a reputable solicitor and ask advice on the proposals put to them they would have immediately been told such a proposal is actually illegal in this country.

I’m sure I will get slated for saying all that but if you think about it logically it is true.

Her UK company was almost struck off in the UK four months ago 😳 I've no doubt she put her shenanigan skills to good use in the UK 😏

Only learned this morning, that awful clown and poster boy Financial adviser of the celtic tiger era "Eddie Hobbs" popped up on Claire Byrne Live, how ironic is that 🙄