Thomas Byrne jury sent home for second night
THE jury in the €52 million theft and fraud trial of former solicitor Thomas Byrne has been sent home for a second night having so far failed to reach a verdict.
Mr Byrne (47) of Mountjoy Square, Dublin is accused of theft and fraud offences totalling €51.8 million.
He had pleaded not guilty at Dublin Circuit Criminal Court to 50 counts of theft, forgery, using forged documents and deception between 2004 and 2007. The jury had previously being ordered to acquit him of another count due to lack of evidence.
The charges allege Mr Byrne transferred clients’ homes into his name and then used them as collateral for property loans. He is also accused of using invalid collateral to fraudulently borrow millions from six financial institutions.
The jurors have deliberated for seven hours over the course of two days. They have reached verdicts on some of the counts but Judge Patrick McCartan told them to return all the verdicts at once.
They are to resume deliberations at 10.30am tomorrow.