'The Buy-to-let king' is strapped for cash.
Jim Moore the founder of the much criticised Buy-to-let property investment group Inside Track is now looking to renegotiate his divorce settlement.
Mr Moore, whose property investment empire was worth £135m has seen a massive decline in his wealth, and the failure of many of his businesses including Inside Track.
"I'm so worried about my financial position that I've had to represent myself in the court case," Mr Moore said. His current settlement requires him to pay the former Mrs Moore £4.7m over the next three years – money he says he no longer has. "My efforts to raise money are being hampered by the harsh terms of the settlement which means my ex-wife can insist on implementing the agreement."
Many former Inside Track customers will see Mr Moore's fall from grace as an act of 'financial karma'.
Read more in the Independent
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