A 60-year-old American woman who accused her younger Irish fiance of stealing about $4 million of her money has settled her case.

Elisa Rodino claimed that Thomas J Queally, who is in his mid-forties, lodged a large portion of her money into a bank in Ennis, Co Clare and had been living a double life with another fiancee while engaged to her.

According to BreakingNews.ie, the High Court action brought by Rodino against Queally has been settled. The action was due to be heard in Dublin at the end of April.

Queally denied the allegations that he transferred money from a joint bank account in the US to his bank account in Ireland without her authorization. He also rejected her claims that he was Rodino's fiance, although he does admit that he was in a relationship with her.

The terms of the compromise were not revealed in open court.

Rodino, of Cathedral Avenue, Hampstead, New York, first met Queally, of Lahaknock Kilmaley, Co Clare, in 2007. Her lawyers told the High Court that she was a vulnerable woman who had been taken advantage of by the younger man.

She claimed that Queally asked her to put his name down on one of his bank accounts in August 2012 in order to aid him in a court case against a former employer. He asked her her to do this to show that he and Rodino, who had inherited a sizeable property portfolio from her late father, were a couple and that the work he did on her properties was not a contract of employment.

She claims Queally was due to meet her in Spain last October, but he never showed up. When she arrived back to the United States, she discovered that money had been transferred to the bank in Ennis and to a US bank account.

Galway man ordered by judge to pay $5 back to the bank over 400 yearsGoogle Images