Tech entrepreneur Peter Conlon is to be held liable for fraudulent trading after the collapse of his philanthropic fundraising business left charities €4 million out of pocket. The 67-year-old, who spent a year in a Swiss jail for alleged embezzlement, has accepted personal liability for €2 million of the company’s debts and has also consented to his disqualification as a company director as part of an eleventh-hour settlement with Myles Kirby, the liquidator of his online charity platform Ammado. Following a High Court hearing this morning, Justice Mark Sanfey has adjourned until next week his decision on what period of…
Cancel at any time. Are you already a member? Log in here.
Want to continue reading?
Get unlimited access to The Currency and The Wall Street Journal with an annual membership – and receive a free, signed copy of Vincent Browne’s new book, Charles Haughey: Glory, Greed and Guns, delivered straight to your door.