But the accused man said in his bail application that he was presently donating money to charity.
Detective Sergeant Kieran O’Sullivan said the prosecution was opposed to bail being granted to 29-year-old Denis O’Brien of 2 Hazelwood Drive, Ballyspillane, Killarney, County Kerry.
A second man, John Moriarty of 152 Ballyspillane, County Kerry, was charged with four counts of theft, but he was granted bail.
Judge Olann Kelleher acceded to the State application to remand Denis O’Brien in custody for one week and refused bail at Cork District Court.
Detective Sgt O’Sullivan said there was strong evidence linking the accused to the alleged offences in terms of CCTV recovered from the area and from a bank that also forms part of the evidence.
One of the grounds for objecting to bail was the possibility that the defendant would interfere with witnesses.
It was alleged that the complainant was specifically targeted, was visited a number of times and that he had her mobile phone number.
Eddie Burke, solicitor, asked if the prosecution would accept a large cash bail.
Detective Sgt O’Sullivan said they would not and said of the accused: “He is a man of means and would have no difficulty putting up a large cash bail.”
Mr Burke put it to his own client about the concerns gardaí had about interference with the complainant.
O’Brien replied: “I would not by any means interfere with this woman. I wouldn’t even come to Cork.”
He said he did not have a phone number for the complainant and did not know her address or how to get to her house.
O’Brien is charged with theft of €600 from a woman at Brian Dillon Park in Cork, on September 26.
The second charge is of stealing a €4,900 cheque from the same woman on the same date. The third charge refers to the alleged theft of a blank cheque on the same date. Finally, he is charged with stealing €4,500 cash from her on the following day.
O’Brien was one of two men arrested in Killarney at the weekend arising out of the investigation of reported thefts of thousands of euro in cash from elderly householders in Cork city and surrounding areas.
They faced different charges.
Detective Garda David Hickey arrested John Moriarty and charged him with four counts of theft.
The charges relate to alleged thefts on August 7, 9, 12 and 13 at a house in Glasheen, Cork.
It is alleged that John Moriarty stole sums of €4,500, €3,000, €5,000 and €4,000 on those dates, respectively, totalling €15,500.
There was no objection to bail being granted to Moriarty, who was represented by Frank Buttimer, solicitor, and he was remanded on bail on conditions until November 4.