Cork man spent €58,000 that was accidentally lodged in his bank account

Cork man spent €58,000 that was accidentally lodged in his bank account
Keith O’Connor, pictured at Cork Circuit court in relation to a theft charge which states that on March 2, 2016, he dishonestly appropriated €58,000 at AIB bank, Blackpool Retail Park. Pic Cork Courts Limited

A man who spent €58,000 accidentally lodged in his bank account and repaid €20,000 has come up with another €1,000 as the sentencing judge recalled his advice to the accused not to say anything to talk himself into jail.

Judge Seán Ó Donnabháin reminded Keith O’Connor of his advice to say nothing as he would only succeed in digging a bigger hole for himself.

“This is the man who made determined efforts to talk himself into jail,” the judge said at Cork Circuit Criminal Court.

The judge noted that €1,000 more compensation had been paid and he adjourned sentencing until November 14.

After some colourful comments at a previous court hearing, the defendant said: “I got it off my chest anyway, your honour." 

The judge said to the 50-year-old: “I am glad it was of good use.” 

Judge Ó Donnabháin said previously: “I would say, make a phone call and call reality.

“And when reality rings you, reality will tell you cop yourself on. Pay as much compensation as you can or you will go to jail.” 

O’Connor said: “I have had nothing but trouble since that money landed in my account.

“I have been caught by banks before. I have had my house broken into by people looking for the money. I have been threatened, your honour. I did not need that money. I did not ask for that money. It is they put the money in. I did not go out to defraud anyone.” 

Detective Garda Malcolm Walsh said that on March 29 2016, €58,000 was lodged in the defendant’s account in error. He had previously purchased shares through a firm of stockbrokers and at that time there was no money in his account. The money which should have transferred to another client of the stockbrokers went through to the defendant’s account instead.

“Following discovery of the error he admitted receiving money but failed to engage with them. He withdrew the money almost immediately and made no efforts to find out the cause of the error. When he was notified of the error he made no effort to pay it back.” Det. Garda Walsh said.

Defence barrister, Niamh Stewart, previously said O’Connor said that his son died and he used €22,000 of it to pay for the funeral.

Keith O’Connor, 50, of 15 Kilnap Green, Farranree, pleaded guilty to a theft charge which states that on March 2, 2016, the defendant dishonestly appropriated €58,000 at AIB bank, Blackpool Retail Park.

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