Nicholas Gardner has not yet revealed all the contents of his bank accounts, including ones in Jersey and Spain, and could not account for £250,000.

Nicholas Gardner, 53, persuaded his friends to loan him large amounts of cash to finance "fantasy" business projects destined to fail.Instead he spent the money maintaining his lifestyle, paying for the private education of his three children, rent on his house and keeping his wife, who is now divorcing him.Gardener, currently serving a 33-month jail term, was taken from HMP Woodhill to Northampton Crown Court yesterday for a confiscation hearing under the Proceeds of Crime Act 2002.The prosecution are seeking to seize any hidden assets or savings he may have put aside, after benefiting by almost £400,000 from his crimes.
The court heard that he has not yet revealed all the contents of his bank accounts, including ones in Jersey and Spain, and could not account for £250,000.
Judge Christopher Metcalf adjourned the hearing for Gardner, of St Ives in Cambridgeshire, to declare any savings or accounts he may have hidden.

Posted in: HMP Woodhill