Thursday, July 9, 2015

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Newstalk Financial Adviser Pleads Guilty In Connection To charges Of Fraud

Direct Democracy Ireland report on a recent court appearance by a financial advisor on charges of fraud.
 
 

Direct Democracy Ireland has welcomed the decision by a well-know Drogheda based financial advisor Mrs Clare Dooley of Newstalk fame for pleading guilty in connection to 114 charges relating to theft, fraud and forgery.

Mrs. Dooley was offering financial advice to people who found themselves in mortgage distress and as a result of matters arising form these charges and a lack of response from Moneybloom, many families have contacted Direct Democracy Ireland and The National Land league for support in the courts.

Anthony Connor of Direct Democracy Ireland stated:

we are only to glad to help, We are proud of the fact that to-date we have not lost one house and shame on Clare Dooley and Moneybloom. The sad part is many people were directed to Mrs Dooley and Moneybloom by The Labour Party, Fine Gael, FF, and Sinn Féin but it seems of late the cat has caught their tongues.

Connor went on to say Dooley, a well-known financial adviser who gained countrywide prominence on the national radio station Newstalk today 29th June, pleaded guilty at the Circuit Criminal Court in connection to the 114 charges of theft, fraud and forgery.
Clare Dooley, the founder of mortgage Drogheda based debt firm MoneyBloom, was, until last summer, the resident financial adviser to Newstalk’s Global Village show. An outspoken campaigner for mortgage write-downs, Ms Dooley was a regular speaker at public meetings held by Sinn Féin on mortgage debt alongside representatives from other debt campaigning groups such as New Beginning.

Clare Dooley began her Newstalk radio slot – on which she advised home owners about debt and financial issues – in 2011, but is no longer on the station. A Garda investigation into allegations of fraud and theft had resulted in 114 criminal charges against her.

Ms Dooley was arrested on February 13, by detectives from the Garda Bureau of Fraud Investigation and charged with 38 counts of theft, 38 counts of forgery and 38 counts of use of a false instrument under sections 4, 25 and 26 of the Criminal Justice (theft and fraud offences) Act 2001. She was released on bail pending her appearance at the Circuit Criminal Court today June 29, for arraignment on the alleged offences.

The MoneyBloom business was run through Dooley Financial Services Ltd – a company owned jointly by Ms Dooley and her husband Patrick. MoneyBloom was licensed as an insurance intermediary by the Central Bank.

We would urge people going through the daunting experience of mortgage distress to get in touch Direct Democracy Ireland can and will help. And it won't cost you a cent.

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