The former executive of Anglo Irish Bank, David Drumm was spotted this morning outside Ballymun Garda Station attempting to sell mortgages to students to buy 6-bed houses in Dun Laoghaire.
The disgraced banker was extradited back to Dublin this morning, having been held in Massachusetts by police since October.
Drumm was arrested at 5.30am having landed from Boston and was taken to Ballymun Garda Station, before standing before the Criminal Courts of Justice this afternoon.
However, while going to the toilet in the north Dublin Garda Station, Drumm walked out of the front door and started to offer mortgages to students at the nearby DCU.
“He told me that everyone was doing it,” said Kevin Mannion, a second year business student at DCU. “He kept talking about this ‘fix’. ‘I haven’t sold a bad loan in 10 minutes, you got to help me’ he kept saying. But he was offering an incredible interest rates.”
Mannion now owns two semi-detached houses in Dun Laoghaire. “The offer was too good to turn down! Sure, it’s a bit of a hassle to get from Dun Laoghaire to Glasnevin every day, but he was very persuasive”.
When apprehended by Garda again, Drumm cited, “well I’m going around with this chisel at the minute trying to dig money out of people”.
Why Drumm had possession of a chisel is unknown to Gardai.