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Ex-Celt boss faces pounds 2.3m fraud rap; JUSTICE.

Byline: MAGGIE BARRY

FORMER Celtic director Dominic Keane went on trial yesterday accused of a pounds 2.3million fraud.

Keane, 54, of Glasgow, denied a single charge, alleging that between October 1999 and April 2001 he got overdrafts, a bank guarantee, loans and re-financing from the Royal Bank of Scotland.

The real losers are alleged to be businessman William Haughey and lottery winner John McGuinness who lost life assurance policies and other personal assets to banks.

Mr McGuiness lost everything as a result, the high court in Edinburgh, heard.

Keane is alleged to have started the scheme by pretending he was part of a partnership raising funding for Livingston Football Club.

Mr Haughey, it is claimed, was conned into signing a "partnership letter" and his supposed involvement was then used to persuade Livingston backer Mr McGuinness to sign over life policies worth pounds 1,750,000.

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Publication:The Mirror (London, England)
Geographic Code:4EUUK
Date:Aug 19, 2009
Words:151
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