Man stole €1m from charity and family
Director of voluntary organisation guilty of 119 thefts
A FORMER charity director who stole over €1million from a voluntary organisation and from friends and family has been jailed for a year and a half.
Greg Walsh, 70, of Woodbrook Crescent, Castleknock, Dublin, came to Dublin Circuit Criminal Court on signed guilty pleas to 119 thefts totalling €998,476 from various parties, including Carline Learning Centre in Dublin, between 2008 and 2016.
He affirmed further signed guilty pleas to four thefts totalling €150,000 from Bank of Ireland, on dates in February and March 2015.
The Carline Learning Centre thefts of more than €280,000 came to light when a staff member noticed discrepancies in the accounts when signing off on them before retirement.
Detective Garda Padraig Jennings revealed that Walsh had been director and treasurer of Carline Learning Centre, a Clondalkinbased charity for disadvantaged young people.
The court heard he misappropriated funds to pay the charity’s tax bills by lodging the cheques into his own account before making direct debit payments on Revenue’s online system.
The father-of-four has no previous convictions.
Det. Gda Jennings told Diana Stuart BL, prosecuting, that Carline Learning Centre still had an outstanding bill to Revenue as a result of the misappropriated money and that it had only managed to stay afloat through public support.
He agreed with Patrick McGrath SC, defending, that gardaí thought they would be investigating the Carline matter only, when Walsh revealed details of the other injured parties.
Det. Gda Jennings said these included friends who gave Walsh
‘Acted as tax agent to friends’
money to invest on their behalf while he acted as their bookkeeper.
In each case, Walsh repaid the parties what they thought were dividends on their investments.
He said in other cases, Walsh acted as tax agent to friends and to his nephew, who would give him money for Revenue.
The detective revealed that in many cases the funds received from individuals were not forwarded to Revenue, but used to pay tax bills of other injured parties. He said these injured parties had suffered Revenue implications as a result.
The court heard Walsh’s nephew was at a loss of €10,000, because tax owed on rental income was not forwarded to Revenue.
Another man, the only injured party to make a victim impact statement, lost €14,138 through Walsh acting as his tax agent. This man described how his pregnant wife called him, while he was working abroad, after she had opened the door to a sheriff.
The man said he had to pay a goodwill gesture to hold off Revenue until he found out what was going on. He said Walsh told him over the phone, ‘I’m very sorry, I’m in a bad place.’
The man said he couldn’t pay his mortgage or feed his family as Revenue had frozen his bank accounts.
Detective Garda Tyrone Houlihan told Ms Stuart that two brothers had initiated civil proceedings against Walsh for the €150,000 business debt he owed them.
The detective said that, to discharge this debt, Walsh wrote cheques from an empty Ulster Bank business account to his Walsh and Co. Bank of Ireland trading account. He then transferred the amounts to the brothers.
Judge Codd said the aggravating factors in the case were the multiplicity of offences, the breach of trust, the duration of the offending conduct, his concealing of the crime, the revenue implications the thefts had on several victims and the amount of money taken being in excess of one million.
She said the mitigating factors were his guilty plea and co-operation with the investigation, his attempts at making restitution, his previous good character, his loss of reputation, his age and his serious health issues.
Judge Pauline Codd sentenced Walsh to four years’ imprisonment, but suspended the final two and a half years of the sentence provided he keep the peace and be of good behaviour for a period of two and a half years upon release.