first_imgA PONZI scheme boss has been told today he must serve six years in prison after a €1.6M swindle.Eamonn Kelly took cash from people in Donegal, Wexford and Dublin offering them massive returns on their ‘investments’.But the whole thing was a con and instead Kelly pocketed the cash. He had forged bank and solicitors letters in which he promised investors a 30% return on their money within six months.He claimed to be buying valuable property in the UK.Kelly, from Ballyfermot, was appealing his six year sentence but a judge said today he would not reduce the sentence to protect those who had been left destitute by his actions.PONZI SCHEME BOSS ORDERED TO SERVE SIX YEARS FOR DONEGAL SWINDLE was last modified: September 27th, 2013 by John2Share this:Click to share on Facebook (Opens in new window)Click to share on Twitter (Opens in new window)Click to share on LinkedIn (Opens in new window)Click to share on Reddit (Opens in new window)Click to share on Pocket (Opens in new window)Click to share on Telegram (Opens in new window)Click to share on WhatsApp (Opens in new window)Click to share on Skype (Opens in new window)Click to print (Opens in new window) Tags:EAMONN KELLYinvestorPONZI SCHEME BOSS ORDERED TO SERVE SIX YEARS FOR DONEGAL SWINDLESWINDLElast_img read more