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Sunday, December 15, 2019 5:09:30 AM
One star-struck guest of O'Carroll and McCormack's was Seamus Lagan, an electrician and businessman who says he was going into Dublin's posh Berkeley Court Hotel for an April 2000 meeting, just as Albert Reynolds was coming out. "I was a bit blown away by the names of the people involved," Lagan recalls. Reynolds was a member of Ireland's parliament at the time, and head of the country's dominant Fianna Fáil political party. Lagan joined the Life Energy Corp. venture, working in its Dundalk, Ireland, office alongside O'Carroll and McCormack. He helped them raise over $1 million, through private placements among more than 100 investors in the U.S., Ireland and the U.K.
O'Carroll seemed to be the money behind Chris McCormack, say Lagan and others who dealt with the promoters. At a company meeting in the summer of 2000, Irish officials asked O'Carroll why he was present. Lagan says that O'Carroll answered: "I'm the guy who writes a check for a million dollars, when a company needs a million dollars."
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Seamus Lagan ownership in Medytox
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At the time of such action, Mr. Lagan had significant health issues and did not defend himself. As a result, Mr. Lagan was banned in his absence from acting as a director of a United Kingdom company from October 8, 2010 until October 2015.
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