Friday June 5, 2020

The hunt for the tech tycoon’s missing millions

Liquidator contacts Garda Síochána over concerns; Swiss justice department in dawn raid; new evidence of 'alias' bank account names; allegations of 'embezzlement and unfair business dealings'

4th February, 2018
Zug in Switzerland, where Peter Conlon lived until he was taken into custody before Christmas Pic: Getty/Tony O’Shea

In November, with the Revenue Commissioners circling his business over unpaid taxes, Peter Conlon swore an affidavit claiming he was on the cusp of landing a massive investment that would save his ailing tech company.

The imminent deal was a last-gasp attempt by the Leitrim-born serial entrepreneur to seek bankruptcy protection for Ammado, which facilitated online donations to charities.

The petition failed.

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