"A woman deceived a friend into giving her around €30,000 over five years under the guise of an investment into a pub, Dublin Circuit Criminal Court has heard."
"Geraldine McGrath (57) misled her friend, who is now in her early 80s, into making regular cash payments towards what the injured party believed to be an investment in a bar in Lanzarote."
"The woman, now in her 80s, thought this investment would provide for her retirement"
Geraldine McGrath, age 57, misled a friend in her early 80s into making regular cash payments over a five-year period. The payments were presented as an investment in a pub and were specifically linked to a bar in Lanzarote. The elderly woman believed the funds would provide for her retirement and trusted the promised returns or ownership stake. The cash contributions accumulated to approximately €30,000. The matter has been addressed in proceedings at Dublin Circuit Criminal Court.
Read at Independent
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