Biography:Breifne O'Brien

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Short description: Irish fraudster


Breifne O'Brien is a convicted swindler and former Irish socialite businessman.[1] A major figure in Ireland's Celtic Tiger economy, he has been called "Ireland's Bernie Madoff". His residences included a lavish family home in Glenageary, an apartment on Dalkey’s Vico Road and a golfing villa in Barbados. He drove an Aston Martin DB7 and had close to 100 bank accounts.[2] After admitting in 2008 to his investors—many of whom were close friends—that he had stolen millions of Euros of their money to fund a lavish lifestyle and could not pay it back, he was investigated by the Garda Síochána Fraud Squad.[3][4][5] It was reported that he referred to his investors as "suckers".[6][7] His mother put up his bail to get him out of jail and he was put on trial for fraud.[8][9] He pleaded guilty to a sample of charges brought against him involving sums totalling more than ten million euros. On 8 October 2014, O'Brien was sentenced to seven years in prison.[10] O'Brien appealed the sentence; the Court of Appeal denied the appeal in December 2015.[10] In July 2016, the High Court adjudicated O'Brien as bankrupt.[10] O'Brien was released on parole from prison in May 2018, having served approximately half of his prison sentence; he will be returned to prison if he comes to the attention of authorities.[11]

His family home is Carrigrohane Castle in Cork, Ireland. His father Leo was a businessman and his younger brother is RTÉ rugby commentator Daire O'Brien.[8] He was married to Fiona Nagle who divorced him after his fraud came to light, and he was renowned for hosting lavish parties at his home.[4][12]

References

  1. Burke, Roisin (22 July 2012). "Rogue adviser Breifne O'Brien to cash in on Berlin sale". Sunday Independent. http://www.independent.ie/business/irish/rogue-adviser-breifne-obrien-to-cash-in-on-berlin-sale-3175383.html. Retrieved 22 July 2012. 
  2. Kelly, Antoinette (21 September 2012). "Ireland's Bernie Madoff appears in court over investment scam". Irish Central. http://www.irishcentral.com/news/Irelands-Bernie-Madoff-appears-in-court-over-142-million-investment-scam-170569476.html. Retrieved 21 September 2012. 
  3. Sheehan, Maeve (18 December 2011). "The fall of King Con". Sunday Independent. http://www.independent.ie/lifestyle/the-fall-of-king-con-2966934.html. Retrieved 18 December 2011. 
  4. 4.0 4.1 "RTÉ star's €3k bet 'con': TV pundit Daire refused to pay wager says bookie girl". Sunday World. http://www.sundayworld.com/columnists/index.php?aid=7922. 
  5. "O'Brien loses his sparkle". Evening Herald. 28 May 2012. http://www.herald.ie/entertainment/around-town/obrien-loses-his-sparkle-3121151.html. Retrieved 28 May 2012. 
  6. Brennan, Joe Leogue and Declan (2014-10-09). "Fraudster Breifne O'Brien lived the high life on stolen cash" (in en). https://www.irishexaminer.com/news/arid-20290563.html. 
  7. "Archived copy". https://randomirishnews.com/2010/09/09/breifne-o%E2%80%99brien-estranged-wife-fiona-nagle-defends-herself-against-allegations/. 
  8. 8.0 8.1 Hogan, Louise (21 September 2012). "Celtic Tiger party boy Breifne O'Brien bailed out by pensioner mum". Irish Independent. http://www.independent.ie/national-news/courts/celtic-tiger-party-boy-breifne-obrien-bailed-out-by-pensioner-mum-3235719.html. Retrieved 21 September 2012. 
  9. Hogan, Louise (20 September 2012). "Socialite businessman Breifne O'Brien charged with theft of €11m". Irish Independent. http://www.independent.ie/national-news/courts/socialite-businessman-breifne-obrien-charged-with-theft-of-11m-3235512.html. Retrieved 20 September 2012. 
  10. 10.0 10.1 10.2 O'Faolain, Aodhan (2016-07-25). "Convicted fraudster Breifne O'Brien declared bankrupt". http://www.independent.ie/irish-news/courts/convicted-fraudster-breifne-obrien-declared-bankrupt-34910505.html. 
  11. "Fraudster Who Scammed High Society Pals Out Of Millions Out Of Prison". 13 May 2018. https://extra.ie/2018/05/13/news/irish-news/breifne-obrien-scam-released-from-prison. 
  12. "Fiona Nagle: How I moved on after 'very, very difficult period for all of us". evoke.ie. 15 February 2015. http://www.evoke.ie/news/fiona-nagle-new-job/.