Accused swindled fund for kids of man who was killed in Iraq, court told
A man has appeared in court accused of fleecing a trust fund for children whose father was killed in Iraq.
David Mark Flannigan faces a catalogue of charges related to a major fraud involving a number of victims that allegedly occurred over a four-year period.
The bulk of the charges relate to the defrauding of a trust fund established to provide for the kids of the man, who was killed in Iraq carrying out security work. He and his wife are also alleged to have possessed criminal property in excess of £121,000.
The charges include fraud by abuse of position in a trust fund, a coach firm and a Masonic club, and involve the alleged movement of huge amounts of cash.
Flannigan (45), of Lurgan Road, Portadown, is accused of twice transferring criminal property involving funds of £15,947 and then £105,410 from the RN Moore Will Trust.
The first amount was allegedly transferred directly to an account held by his wife and co-accused Judy Flannigan (41), of Kernan Hill Manor, Portadown.
The second amount was allegedly transferred through the accounts of another victim, Orchard County Travel, again to his wife's account.
There are three counts of fraud by abuse of position in which it is alleged Flannigan misappropriated funds he was supposed to protect.
These relate to £161,370 from the RN Moore Will Trust; £23,508 from Orchard County Travel and £66,800 from Portadown Masonic Recreation Club. In addition, there are four counts of using criminal property, all of which relate to the RN Moore Will Trust. Flannigan is alleged to have taken £14,653 for personal expenditure and used £38,488 by way of debit card ATM transactions.
He is also alleged to have used £10,000 funds to discharge a personal debt owed to HSBC and settled another payment to a male of £16,500. Both Flannigan and his wife are jointly accused of possessing criminal property namely £121,357.
The offences are alleged to have occurred on various dates between 2010 and 2014.
The pair appeared yesterday for a committal hearing at Craigavon Magistrates Court. They were granted bail and face a Crown Court trial next month.