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16 January 2013

(Another) ex-husband jailed for failing to produce his financial details


Scot Young, the husband at the centre of one of Britain's biggest and bitterest divorce battles, has been jailed for failing to produce details of his wealth, reports The Telegraph.

Young, who made a fortune as a fixer for British businessmen and Russian oligarchs, was jailed for six months after being found to be in contempt of court.

Young, 51, was ordered two years ago to hand his ex-wife Michelle Young £27,500 a month to pay rent and school fees for their two daughters.

But the "property tycoon", claimed he was left penniless after a large Moscow deal collapsed, and he cannot make the maintenance payments.

His 48-year-old wife disputes his claims, and says he has hidden assets abroad totalling as much as £2 billion.

Read the full story here.