Rodolphus Allen Family Private Trust

The Rodolphus Allen Family Private Trust was a group, purporting to be a property trust, operating in Ireland. While supporters of the group's methods stated that it could exploit loopholes in mortgage documents to prevent the takeover of at-risk properties from bank repossession, a number of politicians, financial advisors and legal commentators warned that the group's purpose was to scam investors and embezzle funds while claiming to place the property into a non-existent 'trust'.

Source: Wikipedia — Rodolphus Allen Family Private Trust (CC BY-SA 4.0)