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Shadow Director Accused of Stealing Millions | Cork News
Description
A once-thriving clothing chain, Born Clothing, is now in liquidation with seven million euros in debt, after a shadow director allegedly siphoned over a million euros to buy luxury Thai villas. John Curley, the ex-life partner of the company’s sole director, claims he’s entitled to a 30% stake under a co-investment deal—but liquidators insist the properties were put solely in his name. Despite resigning years ago, Curley reportedly ran the business, handled staff and landlords, and gave personal guarantees. With no legal basis for using company funds for personal assets—especially in Thailand where foreigners can’t own land—the liquidators seek court orders to freeze the villas and declare them held in trust for creditors. Curley has refused to cooperate, and the case heads back to court in August.
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