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Tag Archives: seamus fahy

Safe deposit box provider locks down Glasgow deal

What is being billed as “Scotland’s first independent safe deposit box service” has been launched following an investment of more than £1 million.

Glasgow Vaults said it had made the move in response to the major banks withdrawing the service that safeguards people’s valuable possessions

The venture is being led by David Walsh and Seamus Fahy, who have invested in equipping the vault with state-of-the-art surveillance technology, including seismic shock sensors, making a Hatton Garden-style heist impossible, it has been claimed.

Employing five staff, the Glasgow facility is part of a strategy to expand the model across the UK and Ireland, following the successful launch of an initial site in Dublin, in 2013. The business is expected to grow its staff numbers in Glasgow to 15 by the middle of 2017.

Fahy said: “We identified Scotland as a key growth region, mainly due to the fact that the banks no longer offer the service.”

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Stash the cash: Keep your money and valuables safe

Keeping valuables at home is an open invitation to burglars, so why not keep them in a secure vault. asks Mark Keenan.

A wealthy Dublin-based entrepreneur is heading off to see a hypnotist this week – to help him remember where he stashed a wad of tens of thousands of euro he had hidden in a “safe place” in his house.

Having hidden away several stacks of cash for a rainy day, he recently went to retrieve them and discovered he couldn’t account for that last hiding hole.

Household stash mishaps are becoming far more common among the super rich.

Last year the gardai recovered more than 200 grand concealed in the former home of developer Tom McFeely on Ailesbury Road in Dublin 4 (Mr McFeely has denied it is his). Whoever put it there, had certainly hidden it away, believing it to be safe.

Then there was the case of the Barnardos curtains in highbrow Dublin 6. Charity shop staff discovered thousands of euro sewn into a pair of curtains donated by a resident in the area. The money was returned to the embarrassed owner after the shop issued an appeal through the gardai.

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