It was sold as guaranteed. A government-backed investment in the French sunshine. But for hundreds of Irish and international investors, the leaseback property scheme turned into a costly legal trap. 

In this 7-minute audio documentary, journalist Patrick Domanico investigates the collapse of the French leaseback model through the voices of those affected — from Ireland to the U.S.  

Featuring exclusive interviews with investors, excerpts from official statements, and a timeline of key European developments, the story explores how promises of rental income and state protection dissolved into stress, debt, and distrust. 

Recorded and produced for TheCity.ie in April 2025 
Featuring: Carol [Ireland], Deepak [USA]
Voice, script & edit: Patrick Domanico