Monday, Dec 08, 2008
using dropping property prices to avoid fines!!!! incredible
bbc: Extra jail for millionaire 'thug'
However, he was also warned by the trial judge that he would have to repay £2.6m or face spending more time in prison.
John Gizzi was jailed two and a half years ago
That figure was imposed when Gizzi's main asset, Bronwylfa Hall, was valued at about £1.8m.
Since then, the home has failed to sell despite its price being lowered to £900,000.
But later this month Gizzi's lawyers will ask the court to consider reducing the original proceeds of crime bill faced by the criminal - a moved prompted by the collapse in property prices.
Posted by mark @ 01:46 PM (227 views) Add Comment
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