Business
Born into privilege, Michael Burke Jr hails from Irish business royalty. His father, Michael Burke Sr, built one of Ireland’s most successful companies, Chanelle Pharma, which was sold recently for up to €300m.
Burke Jr’s sister, Chanelle, worked in the family trade for many years and was also a high-profile investor on Ireland’s version of ‘Dragon’s Den’. She is also married to legendary jump jockey Tony McCoy.
Now, a spotlight has been shone on Burke Jr’s business dealings, following a recent money-laundering case against a former Chinese takeaway worker in a London court.
Burke Jr (43), originally from Galway, has been accused of involvement in a “starkly fraudulent” scheme, according to prosecution evidence heard by a court in London earlier this year. He denies any wrongdoing.
Convicted fraudster Jian Wen worked in a Chinese takeaway, earning £12,000 annually, before enjoying the trappings of wealth as result of an international money laundering scheme.
Today on The Indo Daily, Rory Tevlin is joined by Paris-based journalist Rory Mullholland and John Burns, Deputy Group Business Editor with Mediahuis Ireland, to discuss the curious case of money launderer Jian Wen and how a son from one of Ireland’s wealthiest families has been implicated in an international crypto scam worth millions.
This episode of the Indo Daily was originally published on May 24th 2024.
Indo Daily Investigates: The €5.5m crypto fraud, a former Chinese takeaway worker and the Pharma tycoon’s son
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“Born into privilege, Michael Burke Jr hails from Irish business royalty. His father, Michael Burke Sr, built one of Ireland’s most successful companies, Chanelle Pharma, which was sold recently for…”
Source Link: https://www.independent.ie/podcasts/the-indo-daily/indo-daily-investigates-the-55m-crypto-fraud-a-former-chinese-takeaway-worker-and-the-pharma-tycoons-son/a1865046092.html
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