09:48 Tue 23 Oct 2007
The website of Kendar Holdings, the investment company owned by
solicitor Michael Lynn, has been suspended, the Irish Independent
reported on October 22 2007.
Lynn, who has over 105 properties in Slovakia, Bulgaria, China, Spain,
England, Dubai and Ireland, was alleged to have taken out multiple
mortgages on several properties with major Irish banks, with alleged
loan liabilities of more than 26 million euro.
Over the past week investors were reassured through the webpage
www.kendarholdings.com <http://www.kendarholdings.com/> that the company
was "working closely" with overseas companies to provide assurances to
all clients that their investments were secure.
Visitors to the site are now greeted with the message "This account has
been suspended. Either the domain has been overused, or the reseller ran
out of resources."
The website was suspended on October 21 after a week in which several
banks moved to protect their loans and recover some 26.3 million euro
owed to them by Lynn.
The court case against Lynn would continue on October 22, the
Independent reported.
Κοινώς, μη προσπαθήσετε να πάρετε περισσότερα του ενός δάνειου χωρίς να
ενημερώσετε την τράπεζά σας για το ίδιο ακίνητο.. γιατί θα σας πιάσουνε..!
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