Friday, Oct 02, 2015

When enough is far too much..

Telegraph: Property tycoon takes his own life after amassing debts of £5 million

He bought his first investment property in Yorkshire in 2000 and by 2003 had a portfolio of 84 buy-to-let properties across the county, generating £250,000 a year.....a doomed attempt to join a Romanian property scheme in 2007 left the family "virtually penniless".

Posted by hpwatcher @ 04:01 PM (3946 views)
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3 Comments

1. quiet guy said...

I wouldn't have posted this strange story which invites schadenfreude. A Romanian scammer found a naive target.

Friday, October 2, 2015 08:19PM Report Comment
 

2. novice pete said...

Personally, I don't think it's in bad taste to bring attention to this story. A tragic tale of unfettered greed. 5 f*cking million! What a C**T!

Friday, October 2, 2015 10:34PM Report Comment
 

3. sibley's b'stard child said...

Quarter of a mill income at one point via BTL and still managed to shoot himself in the foot. That takes some doing.

Saturday, October 3, 2015 08:23PM Report Comment
 

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