“We had a very loose relationship,” US businessman Jeff Leo told the High Court. It was his way of explaining the circa $60 million (€52 million) investment dealings he had with wealthy Ohio poultry farmer Mary Wenning and her husband Jim. “No paperwork, handshakes” — a “trustworthy relationship”, he elaborated. When he sold the Wennings’ 66 per cent interest in an Irish company called Steelworks to a company fully controlled by him for a nominal sum of one euro in September 2022, it was on her urgent instruction, he said. By his account, he was to wind up the investment…

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