Cork Based Dolphin News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Two Irish directors of Cork-based Dolphin International Group were given loans by the company of €1.8m each before it was wound up in 2019, according to documents seen by the  Sunday Independent . The Cork company was a key part of the Dolphin Capital property investment scheme that took in more than €1bn from Irish, English and Asian investors over a decade before collapsing last year. More than 1,800 Irish  investors had put  a total of €107m in the failed property venture though a network of 144 brokers. The Sunday Independent has learned that Marc Reilly, who was a shareholder i...

An Irishman who was a key figure in a now collapsed German property investment scheme was given a €1.8m director's loan by Dolphin International Group (Dolphin IG) before he moved to take up a new position at the Dubai- based global investment arm of a Wall Street broker. Marc Reilly, now CEO of Europe and Asia at J Streicher Global, was one of two Irish directors at Cork-based Dolphin IG. He and fellow director and shareholder Cormac Smith each obtained loans of €1.8m from the firm in the months before it was placed in voluntary liquidation in October 2019, according to company document...