Thursday, 2 October 2008

John Gizzi is serving five-and-a-half-years for violent offences must repay over £2m

£875,000 offer was being considered by an enforcement receiver handling John Gizzi's affairs magistrates in Prestatyn, Denbighshire, were told. Gizzi is serving five-and-a-half-years for violent offences. The criminal builder must repay over £2m of his criminal gains by December, or face an extra seven years in prison.
Gizzi was said by police to have "ruled" Rhyl through threats and intimidations, and he was jailed in 2006 for causing grievous bodily harm and other offences.
His former home, Bronwylfa Hall in St Asaph, was valued at £1.8m in March 2007, when a crown court ordered that he repay £2.6m. It has been reduced twice already. On Wednesday, the court heard he had repaid £318,000 and still owed £2.3m. His solicitor said Gizzi's Rolex watch was to be sold at a specialist auction and his parents had put in an offer for four personalised number plates, originally valued at £45,000. A decision on giving the receiver more time to sell some of the assets was adjourned until December by District Judge Andrew Shaw.


Related Posts with Thumbnails