Man gave showjumping partner cash from €127,000 inheritance to buy horse before going bankrupt with debts of €500,000
A bust financial adviser has had his period of bankruptcy extended by a decade after failing to disclose a substantial inheritance and the transfer of tens of thousands of euro to his showjumper partner so she could buy a horse.
Asset recovery officials at the Insolvency Service of Ireland (ISI) discovered Steven Monaghan had received an inheritance of €127,000 in October 2021, just eight months before he was adjudicated bankrupt with debts of €482,000.
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