The High Court has referred documents relating to solicitor Michael Lynn to the Garda fraud squad.
Mr Justice Peter Kelly said that even though he had been dealing with a civil claim, he could not blind himself to the matters mentioned in sworn documents submitted by First Active to the court.
First Active received an order last week from the Commercial Court - the commercial arm of the High Court - directing Mr Lynn to pay back a loan of just over €5.1m.
In the documents submitted to the court, First Active claimed that Mr Lynn had not registered seven properties he had offered as security for the loan. First Active also claimed that Mr Lynn appeared to have sold on three of the properties.
Mr Justice Kelly said he was not making any findings in relation to the allegations. But he said he could not ignore the fact that large sums of money had been drawn down on foot of agreements and undertakings which were not honoured by Mr Lynn.
He directed the registrar of the court to send copies of the documents to the director of the National Bureau of Fraud Investigation for consideration by the director and investigation if the bureau considered it appropriate.
In separate proceedings, the judge gave judgement to ACC Bank against Mr Lynn for a loan of just over €1.7m.
Mr Lynn's practice was shut down by the Law Society last month after an investigation uncovered 'acts of dishonesty' in relation to clients' money.
Mr Lynn also appears to have multiple mortgages with various financial institutions on many properties. He owes at least €70m to around ten financial institutions.
