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Northern Ireland accountant held in major fraud probe

By Catherine McCurry

Published 16/12/2015

Declan Quinn is under investigation
Declan Quinn is under investigation

The PSNI is investigating the business dealings of a Co Tyrone accountant following allegations of fraud.

The Belfast Telegraph can reveal that Declan Quinn was arrested earlier this year on suspicion of fraud and money laundering offences after a number of farmers raised concerns over the management of their business affairs.

Mr Quinn has not been charged with any offence and is currently on police bail.

The 43-year-old accountant could not be contacted by this newspaper yesterday for comment about the allegations.

Mr Quinn, whose main accountancy office is in Donaghmore, but who lives in nearby Galbally, has been a director of firms in Tyrone, Fermanagh and Belfast.

It is thought that up to 140 of his clients, including pensioners from agricultural backgrounds, are involved.

Detectives from the PSNI arrested Mr Quinn on August 20.

Follow-up searches were carried out in the Donaghmore area, as well as at business premises elsewhere in Co Tyrone and in Belfast and Co Fermanagh.

A police spokesman said their enquiries were continuing. HM Revenue and Customs and the Chartered Accountants Regulatory Board (CARB) are also involved in the probe.

PSNI Detective Chief Inspector Ian Wilson said: "We launched an investigation following a number of complaints from farmers about the management of their business affairs.

"We are liaising with the CARB and with HM Revenue and Customs.

"The man (Mr Quinn) is currently on bail pending further enquiries, which are continuing at this time."

Mr Quinn's most recent company, which had branches in Tyrone and Belfast, shut its doors following his arrest with the loss of up to 12 jobs.

A spokesman for the CARB said in a statement the body was aware that the PSNI had launched an investigation.

The representative added: "The CARB is monitoring the investigation but it does not comment on any individual member or potential investigation, other than in accordance with our publication policy at the conclusion of any investigation."

An HMRC spokesperson said it did not comment on "identifiable taxpayers".

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