herald

Friday 20 October 2017

On-the-run rogue solicitor Lynn is arrested in Brazil

Fugitive: Michael Lynn, pictured with his wife Brid, left Ireland six years ago, leaving behind furious investors. Photo: Courtpix
Fugitive: Michael Lynn, pictured with his wife Brid, left Ireland six years ago, leaving behind furious investors. Photo: Courtpix

FUGITIVE solicitor Michael Lynn has been sensationally arrested by police in Brazil.

Lynn (43) was arrested late last night in the state of Pernambuco in the northeast region of the country on foot of an extradition warrant issued by Irish authorities.

Mr Lynn is facing dozens of fraud-related charges after fleeing Ireland almost six years ago, owing more than €80m to several financial institutions.

He fled Ireland in 2007 and travelled initially to Portugal and Hungary before moving on to South America.

Mr Lynn left behind scores of furious investors, many of whom lost tens of thousands of euro each.

The investors lost their money after attempting to buy property in Portugal, Bulgaria, Slovakia and Hungary through Mr Lynn's Kendar company.

 

Hellhole

He is expected to appear before a Brazilian court later today, where he faces the prospect of being remanded in custody in a hellhole Brazilian jail.

The on-the-run lawyer used the birth of his son to secure the permanent Brazilian visa.

The lawyer was granted the visa in June 2012 because he has a child who was born there.

Senior sources have expressed major concern that this may complicate attempts to get Mr Lynn back to Ireland in a matter which is further complicated because Ireland and Brazil have no formal extradition treaty.

In an interview with Dublin's Best earlier this year, Mr Lynn said he had no intention of returning to Ireland "for the foreseeable future".

"I will not be made a scapegoat for corrupt bankers," he said.

He previously claimed he would try to ensure investors got their money back, or got the properties they had paid for.

Gardai secured an international arrest warrant last year – following a protracted investigation – when the Director of Public Prosecutions finally gave the go-ahead for criminal charges.

The garda inquiry had suffered significant delays because some financial institutions which were allegedly scammed out of money by Mr Lynn had been slow in lodging formal complaints against him.

The former solicitor had agreed to meet gardai at a location in Europe in July last year.

However, the meeting fell through.

It is understood that Mr Lynn set up a property company in Brazil.

kfoy@herald.ie

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