Two and a half years after admitting to running a pyramid scheme Breifne O'Brien is arrested

Once upon a time in 2008 a socialite businessman called Breifne O'Brien puts his hands up and told investors his great system was just a pyramid scheme. He used cash from the new investors to pay instalments to the new ones. Two and a half years later officers from the fraud section searched his new, smaller, home in Dublin and arrested O'Brien. The snail's pace of the investigation won't be of any comfort to those who lost money. Read arrest story here.