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18 months in jail for bankrupt property developer Latest Articles, Property Investment News

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A property investor has been jailed for failing to declare funds

 

A property developer has been sentenced to 18 months in prison after failing to declare £143,000 he removed from his estate. 

Giles Nicholas Gilbey had received the money from his share of the sale of his family home. He could not satisfactorily show where the money had gone, despite knowing it should have gone to his creditors. Continue reading 18 months in jail for bankrupt property developer


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