Thursday 18 December 2014

Ex-Anglo worker's €200k fraud was a 'catastrophic mistake'

Conor Gallagher

Published 18/07/2014 | 02:30

A FORMER Anglo Irish Bank employee will be sentenced next week for a €200,000 computer fraud of the bank.

Gordon O'Brien (43) committed the fraud as Anglo was calling in its loan accounts during the nationalisation of the bank. It was later noticed during an audit by Anglo's successor, Irish Bank Resolution Corporation (IBRC).

O'Brien had set the money aside "as a war chest" because he was going to lose his job in the wind-up of the bank. His counsel described him as "a decent man who made a catastrophic mistake."

Dublin Circuit Criminal Court heard yesterday that his wife was also going to lose her job with another bank and his son had just been diagnosed with autism and faced having his education grant cut.

O'Brien of Springfield, Dooradoyle, Co Limerick, pleaded guilty at Dublin Circuit Criminal Court to six counts of dishonestly using a computer with the intention of making gain or causing loss at Anglo Irish Bank, Henry Street, Limerick. The offences occurred over a ten-month period between September 2010 and June 2011.

O'Brien made full admissions when confronted by bank officials and all the money was returned soon after. Judge Patricia Ryan remanded him on continuing bail until July 25.

Irish Independent

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