Gardai investigate alleged €2m fraud in Rosanna Davison’s father-in-law’s arcade

Gardai are investigating the alleged €2m fraud at the slot machine empire of Rosanna Davison’s father-in-law, the Irish Mirror has revealed.

Sources have confirmed that officers are investigating the alleged scam at Dublin Pool and Juke Box Ltd, which operates Dr Quirkey’s Good Time Emporium on O’Connell Street.

The accounts of the company, owned by Richard Quirke, showed an alleged embezzlement of funds totaling €1,017 million in 2019 and €1,009 million in 2018.

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It is not known how the fraud was committed, but the missing amounts have been cancelled.

Quirke, 75, whose son Wes is married to Rosanna, is a former guard who made his fortune in the entertainment industry.

It holds shareholder funds totaling €33.6 million with the majority of the company’s wealth concentrated in properties with a book value of €34.3 million at the end of June 2019.

But in a surprising discovery, the newly filed 2019 accounts reveal that “in December 2020, the company discovered that it was the target of fraud.”

The breakdown of the 2019 scam is €887,000 under alleged “misappropriation of cash” and alleged “embezzled bank payments” totaling €130,190. Under the heading of ‘exceptional items’, the breakdown of the cost of the alleged fraud in 2018 is €912,000 under the alleged “misappropriation of cash” and €97,203 under the alleged “misappropriation of bank payments”.

A note attached to the “exceptional article” said that the directors discovered a financial fraud through fraudulent bank payments.

Following its discovery, “a thorough and exhaustive forensic investigation led by external financial consultants was conducted into the company’s systems and processes.”

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