Michael Lynn applied for €1.4m loan for four investment properties

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, has pleaded not guilty to 21 counts of theft in Dublin between October 23rd, 2006 and April 20th, 2007.

The properties were described as “residential tenancies” and had a total purchase price of €1.672 million. The loan was sought on the basis that the apartments would be “investment properties”. He further agreed that the credit application outlined that the purpose of the loan was to provide “quality rental accommodation” and included a personal background on Mr Lynn.

 

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