Saturday 14 August 2010

Nigel Andrews Ex-hotelier hunted in suspected £1m fraud - Press & Journal

Ex-hotelier hunted in suspected £1m fraud - Press & Journal: "businessman who fled Scotland after his north-east nightclub collapsed with huge debts is now at the centre of a European probe over claims that he has run off with almost £1million of investors’ cash.
About 20 people are believed to have paid huge sums to former Aberdeenshire hotelier Nigel Andrews as deposits for apartments that he was promising to build in Turkey.
However, they now fear he has vanished with their money without laying a single brick – and have called civil lawyers and the police to investigate.
The 51-year-old left Scotland in 2003 after the Aberdeen nightclub he set up with his brother, Lionel, and a business partner closed down just five months after opening.
The Vaults, in Carnegie Brae, shut owing about £700,000 to creditors – and both Andrews brothers disappeared to Spain."

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