Spotlight on Ian Lucey of the Lucey Fund in Ireland http://lucey.fund/
Ian Lucey operates the “Lucey Fund” aka Lucey Technology Ltd. He claims to have invested in over 150 companies. He also claims to have offices in Ireland, UK, Spain and USA.
Mr. Ian Lucey also claims to have a fund of €750,000 available to “…invest in founders that know their industry”.
Contributors to this website claim that Mr. Lucey makes his living by baiting startups. He pretends to be an investor to lure them in and then asks them to pay him a ‘deposit’.
By all accounts it seems that Mr. Lucey does not have any funds to invest and is posing as an investor so he can charge founders between €10,000 and €15,000 in upfront fees.
Looks like Mr. Lucey does not believe in paying his staff either…. https://www.glassdoor.ie/Overview/Working-at-Lucey-Fund-EI_IE2130365.11,21.htm
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