Mortgage Fraud. A story of collusion and a closer look at Thomas Byrne and Michael Lynn

Michael Lynn is making headlines, for ripping off the banks, to the tune of fifty million euro! yes, thats €50,000,000!!! What an astronomical rip-off! Not even the Northern Bank robbers got away with that much, and more to the point Michael Lynn will either not face jail, or go to an open prison or some other shamble that is meant to represent ‘imprisonment’. The fact is that crime does actually pay, especially white collar crime.

I have to say ‘hats off’ to Mr. Lynn though… I mean, how the hell did he pull that off? My first suspicion is that part of the way he did it was bank greed, I know what most people have to go through in order to secure finance, there is no way of lying your way through it, however, some people are ‘special’ clients, and I don’t mean they catch a short bus. They get treated differently, endless lines of credit, think Nick Leeson, think Barings Bank (although he was a trader not a borrower).

Now we hear that Michael Lynn is a fugitive. …

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