They never saw it coming

And really, if you think about it, they should have:

Irish Psychics broke

This happened a couple of years back:

A liquidator has been appointed to the firm behind Irish Psychics Live, which was founded by former journalist Tom Higgins.

A document lodged with the Companies Office confirms that Eamon Leahy of Leahy & Company, Fairview, Dublin has been appointed as liquidator arising from a resolution of the members of Realm Communications Limited.

The liquidation of the firm follows eight months after the company, which was behind what was Ireland’s most high profile and controversial premium phone line service, ceased trading.

The appointment of Mr Leahy also follows a Revenue Commissioner’s notice in January confirming it had petitioned the High Court to wind up Realm Communications Ltd.

The premium phone line business was established in 1998 and built up a large cash pile over the years before Mr Higgins and his wife Theresa Dunne cashed out in 2009, sharing a dividend payout of €9 million.

(From Bad Newspaper via Miss Cellania.)

1 comment

  1. Chuck Pergiel »

    26 July 2016 · 7:17 pm

    Color me amazed. On one hand I think there must be a lot really gullible rich people out there, and then I realize, no, it’s the same people who are buying lottery tickets and paying check kiting charges.

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