Lynn fraud means family lose home

A home bought by a family from fugitive lawyer Michael Lynn has been repossessed by the Bank of Scotland after a court case at the High Court in Dublin.

The family paid more than 500,000 euros to Michael Lynn for the property but in 2007 they found that they would never be able to sell the apartment as Michael Lynn had failed to lodge the proceedings of the sale with the bank which had originally advanced the money for the property.

Ms Justice Elizabeth Dunne said: “This is the most unfortunate case, it is a sad, sad state of affairs.  Not withstanding my very, very great sympathy for the defendant, I must abide by the law.”

The court heard that the family was not able to claim compensation from the Law Society as rogue lawyer Lynn had acted as a vendor and not in the role of a solicitor in the case.

Do you have a view on this story? Email us at editor@algarveresident.com

Read more by clicking the link on the right of this page.