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Jailed Millionaire's House Price Slashed

PasturesNew · 2008-07-06 17:30:24

http://news.bbc.co.uk/1/hi/wales/north_east/7492215.stm Here it is: http://www.rightmove.co.uk/viewdetails-16511527.rsp?pa_n=1&tr_t=buy

Comments

PasturesNew Posts: 70,698 Forumite

8 December 2008 at 3:09PM

UPDATE

http://news.bbc.co.uk/1/hi/wales/north_east/7771292.stm

A convicted gangster has been ordered to serve an extra seven years in jail after failing to repay £2.6m in criminal gains.

Millionaire builder John Gizzi, 36, from St Asaph, Denbighshire, was jailed for five-and-a-half years in 2006.

A receiver was appointed to sell off his assets, but missed a deadline. His £1.8m mansion has failed to sell despite it halving in price. However, his lawyers are trying to reduce the amount he owes to the court.

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