Former solicitor Michael Lynn has been jailed for stealing millions of euro from various financial institutions.
During his trial, the 55-year-old told the jury the banks knew what he was doing, claiming it was common practice during the Celtic Tiger years.
Michael Lynn stole a total of €18 million from six financial institutions during the Celtic Tiger era by taking out multiple mortgages on the same properties, including his own €5.5 million home in Howth, Co Dublin.
Former solicitor Michael Lynn wearing a face mask while arriving at the Criminal Courts of Justice, 09-02-2022. Image: Leah Farrell/RollingNewsJudge Martin Nolan noted that his account of having prior agreements with the banks in relation to the loans was not believed by the jury.
He said the amount stolen was “serious” and he told Lynn he had brought his former profession into disrepute.
It took years to bring Lynn to justice because he fought his extradition from Brazil.
The Judge had a much longer sentence in mind for him but took the time he spent in a Brazilian prison into account before jailing him for 5.5 years.
