Monday, December 8, 2008

using dropping property prices to avoid fines!!!! incredible

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 (579 views)
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