A Dublin woman who defrauded a well-known city centre barbershop out of over €35,000 is to be sentenced later at Dublin Circuit Criminal Court.
Linda Finnegan (51), of The Orchard Drive, Stamullen, Co Meath, and her late father Liam Finnegan, set up the Waldorf Barbers on Westmoreland Street, Dublin 2 and ran it successfully for many years, the court heard.
However, the relationship between father and daughter soured and Ms Finnegan pleaded guilty to fraud under the Companies Act on March 27th, 2019, about a month after her father’s death from cancer.
At a hearing on Thursday, the court heard that Ms Finnegan fraudulently induced Bank of Ireland to transfer the sum of €29,000 to her on the day in question.
The court heard that she had initially denied three charges of theft and taken a trial date, but that she pleaded guilty to a fourth count of fraud when this was presented.
Garda Martin Doohan told Garret McCormack BL, prosecuting, that Ms Finnegan and her late father had both been directors of the barbershop until they had a significant falling out in 2016.
The court heard that when Liam Finnegan was diagnosed with cancer in 2016, he stopped his day-to-day running of the business and two other employees took over.
Mr Finnegan died in February 2019 and the two employees continued to run the business.
Bank statements
Bank statements handed to gardaí by the company the following year show two withdrawals in March 2019 made without permission by Linda Finnegan, for the sums of €4,950 and €28,000.
A month later, Ms Finnegan withdrew €2,651 from Waldorf Barbers, again without permission from the company.
Gardaí obtained warrants to search Ms Finnegan’s house and she brought officers to her bedroom where she pointed out two envelopes containing cash sums of €4,950 and €10,000.
This money was seized by gardaí.
The total sum misappropriated by Ms Finnegan amounted to €35,601, said Gda Doohan.
CCTV footage was obtained of Ms Finnegan making the withdrawals in March 2019 and she was arrested by appointment.
The court heard that the late Mr Finnegan had owned 75 per cent of the business and his daughter Linda had a 25 per cent share.
Mr Finnegan’s will bequeathed his 75 per cent share to the two other employees running the business, the court heard.
The court heard that Ms Finnegan initially took a trial date but later pleaded guilty.
The company went into liquidation as a result of the fraud but the two former employees are still trading as Waldorf Barbers under a new legal name.
Ms Finnegan has not come to any garda attention before or since and has no previous convictions, the court heard.
Gda Doohan agreed with Rebecca Smith BL, defending, that Ms Finnegan had expressed remorse and had written a letter saying if she could turn back time and change how she dealt with the situation, she would.
The prosecuting garda also agreed that there was an issue with the father’s will and that Ms Finnegan had experienced huge difficulties growing up with her father in the family home.
Gda Doohan accepted that Ms Finnegan was most unlikely ever to come before the courts again.
Several letters were handed in to court from Ms Finnegan’s friends, neighbours and family confirming her good character and expressing shock that someone like her could come before the courts.
The court heard Ms Finnegan left school at 14, did a barbering course and has worked ever since.
Ms Smith said her client had played a huge role in growing the company and that when she found out about her father’s will in 2017, she got some legal advice.
Ms Finnegan was a 25 per cent shareholder in the company and thought she was entitled to withdraw money from the firm, counsel said.
However, Ms Finnegan now accepts that her actions resulted in the ultimate winding up of the company.
The prosecution has weighed very heavily on her mind for the last couple of years and her marriage has broken down, the court heard.
Ms Finnegan is on social welfare and has three children, two of whom live with her. They are currently experiencing housing difficulties, the court heard.
Judge Orla Crowe adjourned the case for sentencing to November 2nd.
