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Wexford property company is struck off over improper conduct with client’s funds

Michael A O’Leary & Associates Limited and Sinead O’Leary have had their licences revoked, are prohibited from reapplying and have been directed to pay nearly €200,000

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Sinead O'Leary.

Sinead O'Leary.

M.A O'Leary South Main Street

M.A O'Leary South Main Street

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Sinead O'Leary.

wexfordpeople

The High Court has struck off and imposed financial penalties totalling €175,000 on a well-known Wexford property services company and its employee found to have engaged in improper conduct.

The court heard that Wexford-based Sinead O’Leary and Michael A. O’Leary & Associates Ltd were found by investigators to have engaged in activities including Ms O’Leary moving over €38,000 of clients’ money into a personal bank account without permission.

The sanctions were sought following investigations launched by the Property Services Regulatory Authority PSRA, the body that regulates service providers including auctioneers, estate agents, letting agents and property management agents.


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