A former financial adviser has gone on trial accused of stealing money from Irish investors in a US property scheme that stalled after the financial crash of 2008. William (aka Liam) Kiely subsequently contacted investors offering to return or reinvest their money from Barrington Capital US Commercial Real Estate Fund but no sums were ever returned, it is alleged. Instead, he drew down investors’ money from the fund for his own purposes, alleges the Director of Public Prosecution (DPP). Kiely, a 52-year-old with addresses at the Elms, Richmond Avenue South, Dartry, and Merton Walk, Mount St Anne’s, Milltown, Dublin 6,…
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