Ex-lawyer Gregory King enjoyed a lavish lifestyle.
A luxury £1million house on the outskirts of Glasgow has been seized by investigators trying to recover money from Scotland's biggest bankrupt businessman.
The four-bedroom home was put on the market for £675,000 by liquidators Begbies Traynor, when they took possession of it in October, and it sold last week with proceeds going towards paying off the former lawyer's debts, the Sunday Mail reports.King, who ran hedge fund Heather Capital before its collapse, enjoyed a lavish lifestyle with Mercedes, Range Rover and several Harley-Davidsons.
A source told the Sunday Mail: "The recovery of the house in Whitecraigs after so many years is a major coup by Begbies Traynor.Begbies Traynor is also targeting other parts of a property empire linked to King. The property neighbours another villa linked to King which was seized in 2018 and sold for £5.1 million, of which £2million has since been returned to creditors.
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