At least €3.7m in the client funds of an Athlone investment firm are unaccounted for, in what appears to be serious misappropriation, the High Court has been told. It has appointed provisional liquidators to Strand Investments & Finance Ltd, based at 15 Castlemaine Street in Athlone, following an application by the Central Bank of Ireland. One client has told the Central Bank his planned investment of €333,000 was never made. The Central Bank then began a review of the firm. On December 15, Central Bank officers seized documents and devices in the company's Athlone officesThe Central Bank.

Source: Irish Independent January 22, 2026 20:04 UTC