Friday, October 23, 2020

Widow of bereavement charity founder charged with fraudulent trading and money laundering

-

The widow of the late founder of suicide prevention charity Console has appeared in court charged with fraudulent trading and money laundering over a 10 year period.

The case of Patricia Kelly (59) was mentioned briefly in Dublin Circuit Criminal Court on Friday.

Ms Kelly, of Alexandra Manor, Clane, Co Kildare, is the widow of the charity’s former chief executive Paul Kelly, who died earlier this year.

The court heard Patrick Gageby SC, will be defending Ms Kelly. An arraignment date was requested and Judge Martin Nolan set a date of December 2nd.

- Advertisement -

Ms Kelly did not speak during the brief hearing except to confirm she was in attendance. She is charged with two counts of fraudulent trading and one count of money laundering on dates between December 2006 and July 2016.

Misuse

On the first count she is charged that between December 6th, 2006 and May 31st, 2015, she was knowingly a party to the carrying on of a business — Console Suicide Bereavement Counselling Ltd — for fraudulent purpose; namely the misuse of the company’s property which was intended to be applied to the objectives of the company.

The second count relates to the same charge on dates between June 1st, 2015 and July 14th, 2016.

Ms Kelly is further charged with one count of money laundering, namely that between September 1st, 2010 and July 1st, 2016, she concealed the true nature, source, location, disposition, movement or ownership of property of Console Ltd or behaved or was reckless as to whether or not the said property was the proceeds of criminal conduct.

- Advertisement -

Kerida Naidoo SC will prosecute the case, the court heard.

MUST READ

Goldman Sachs executives to cover part payments of $3 billion fines in 1MDB scandal

Nine current or former Goldman Sachs executives, including CEO David Solomon, will have to pay back hundreds of millions of dollars in compensation over...

Goldman Sachs agrees $3 billion settlement with US DoJ over 1MDB corruption scandal

Goldman Sachs has agreed to pay nearly $3bn (£2.3bn) in the US to end a probe of its role in Malaysia's 1MDB corruption scandal. The...

Hong Kong fines Goldman Sachs $350 million over 1MDB scandal

Goldman Sachs ignored multiple red flags over the multibillion-dollar fundraisings it arranged for state fund 1Malaysia Development Berhad, Hong Kong’s financial regulator said on...

Texas attorney general Ken Paxton fires top aide who accused him of bribery

Lacey Mase, one of the top aides who accused Texas Attorney General Ken Paxton of crimes including bribery and abuse of office, has been fired, she told The...

Fundraiser Elliott Broidy pleads guilty in foreign agent case linked to 1MDB

Major Republican Party and Trump fundraiser Elliott Broidy pleaded guilty Tuesday to acting as an unregistered foreign agent, admitting to accepting millions...
Advertisement
Advertisement

Latest News

This Week

Judge orders billionaire Greg Lindberg to report to prison after conviction for bribery

Try as he might to extend his freedom, Durham businessman and convicted felon Greg Lindberg will become a federal inmate on Tuesday. Lindberg, the billionaire...

US financial watchdog fines bitcoin mixer operator $60m for money laundering

The founder and operator of some of the first "mixing" services in crypto will have to cough up $60 million to United States regulators,...

Crown Resorts chairman Helen Coonan admits casino ‘enabled’ money laundering

Crown Resorts chairman Helen Coonan has conceded the casino giant facilitated money laundering at its Melbourne casino, but blamed it on "ineptitude" rather than...

Former North Macedonia PM linked to new money laundering probe

The Organised Crime Prosecution in North Macedonia on Monday confirmed the arrest of Risto Novacevski – the best man of fugitive ex-prime minister Nikola...
Advertisement

Adblock Detected!

Our website is made possible by displaying online advertisements to our visitors. Please consider supporting us by whitelisting our website.

Enable Notifications    Ok No thanks