Monday 19 February 2018

Ex-politician faces fraud charges over mortgages

Former Cork City Council member Gary O’Flynn
Former Cork City Council member Gary O’Flynn
Ralph Riegel

Ralph Riegel

A former Fianna Fáil politician faces nine fraud charges in relation to mortgages he worked on while acting as a financial consultant.

The charges against former Cork City Council member Gary O'Flynn (39) were adjourned to allow the State finalise the book of evidence in the case.

Mr O'Flynn, a qualified solicitor, is charged with nine offences before Cork District Court in relation to a period six years ago.

Judge Leo Malone yesterday granted the adjournment to allow the State prepare the book of evidence for service on the defendant.

The Director of Public Prosecutions (DPP) has already ruled that the counts against Mr O'Flynn must be dealt with by judge and jury in Cork Circuit Criminal Court.

Det Garda Michael Horgan of the Garda Bureau of Fraud Investigation previously said that, after he arrested, cautioned and charged Mr O'Flynn, the defendant made no reply to the various charges

The counts all relate to a period in 2008 and 2009.

Mr O'Flynn, of Hayfield Drive, Castle Court, Whitechurch, Co Cork, is charged with three counts of making gains by deception.

It is alleged that Mr O'Flynn obtained commissions of €1,540, €1,000 and then €925 on January 8 2009 when acting as an agent for his own financial company, Flexible Mortgages.

The charges arise from the defendant obtaining mortgages for sums of €308,000, €200,000 and €185,000 from Bank of Ireland. It is the State's case that these commissions were obtained by deception on mortgages involving houses at The Avenue, Garrandara, Wilton; Milestream, Shanakiel; and the Falcon, Jacob's Island, Mahon.

Mr O'Flynn is also charged with three counts of obtaining mortgages by deception.

It is alleged that he used fake revenue notices of self-assessment and a fake set of accounts for Gary O'Flynn, Sole Trader.

It is also claimed he used a fake set of accounts for Gary O'Flynn, solicitor.

The final three charges relate to the use of false documentation to secure a mortgage.

Defence counsel Emmet Boyle said his client was eager for the matter to be dealt with quickly and, if possible, before the ongoing session of Cork Circuit Criminal Court.

Judge Malone adjourned the matter until Wednesday next to see if the case is ready for referral to the higher court.

Gary O'Flynn is the son of veteran Fianna Fáil TD Noel O'Flynn.

He took his father's old seat on Cork City Council in 2003 when the dual-mandate ban came into force. He quit politics in 2008.

Noel O'Flynn was first elected to the Dáil in 1997 and served as a TD for 14 years for Cork North Central.

Irish Independent

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