A Donegal man has admitted the use of fraudulent documents to obtain a €71,000 mortgage.
49 year old Kevin Molloy who now lives at Dublin Road, Celbridge, Kildare owns a debt recovery business, pleaded guilty to three offences under the theft and fraud act committed on dates between December 2014 and August 2016, including dishonestly inducing Ulster Bank at Lower, Baggot Street to issue a mortgage on April 4th 2016.
Dublin Circuit Criminal Court heard that Kevin Molloy still lives in the home, is paying off the mortgage and that the bank were not concerned about pursuing charges.
A detective said the offences emerged in July 2016 when an official from Bank of Ireland met with gardaí.
Between December 2014 and February 2015 a number of documents as part of a mortgage application were provided, bank officials were not satisfied with the accuracy of the documents and declined the mortgage.
In April 2016, a mortgage of €71,900 was issued by Ulster Bank - a review of this application found some documents were fraudulent.
Molloy later presented himself to gardaí and accepted the bank statement contained entries that couldn't be correct.
The 49 year old has previous convictions, including; possession of counterfeit money and selling stolen alcohol.
Counsel said his client grew up in Donegal and that these were the type of offences sometimes seen in border towns.
He has been remanded on continuing bail with the case adjourned to October.