Rogue solicitor Thomas Byrne is jailed for €52m scam
A rogue solicitor has been handed a 16-year sentence, with four years suspended, for orchestrating a colossal €52m (£43m) property loans swindle – the largest theft case in Irish history.
Thomas Byrne, of Mountjoy Square, Dublin, has lost his career, family and business since his scam scheme collapsed like a house of cards in 2007, a court heard.
The 47-year-old separated father of three has also lost his dignity and respect after being exposed for transferring clients' homes into his own name and using them as security to obtain multi-million euro bank loans.
After being found guilty of 50 charges of theft, forgery and deception, Judge Patrick McCartan told the Circuit Criminal Court in Dublin that Byrne's crimes were "staggering to consider".