100 Irish investors sue over €34m Shanghai property deal

The plaintiffs claim they are victim of `international property fraud', writes Philip Connolly.

4th May, 2013

Irish investors in a failed €34.5 million Shanghai property deal are seeking discovery of documents related to a string of international companies, as part of a court battle against the scheme's promoters.

More than 100 Irish investors backed the Shanghai deal, but they are now claiming to have fallen victim to an "international property fraud".

They are seeking documents such as accounts filed by the investment vehicle, tax receipts and corporate details of a number of...

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