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UK tycoon commits suicide after Moscow real estate loss - report

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12:11 11/12/2014

MOSCOW, December 11 (RAPSI) - Businessman Scott Young, an associate of late Russian oligarch Boris Berezovsky, has apparently committed suicide by plunging out of the window of his uptown London apartment, Daily Mail reported on Thursday.

At the time of the incident, Young was engaged in a divorce process, which according to Mail, spanned a six-year courtroom row ending with a £20million settlement for Mrs Young and a prison term for Scott Young. Young was jailed for contempt of court for refusing to reveal his wealth.

Tycoon’s friends say Young was financially challenged and in a lot of debt. During one of court hearings, Young publicly declared himself ‘penniless’, and claimed to be £28 mln in debt.

The newspaper quotes one of Young’s friends as saying that the tycoon claimed to have lost millions in a nebulous real estate deal in Russia known only as Project Moscow, in which Berezovsky was also involved.

Some of Scott Young's friends highlighted his relationaship with Boris Beresovsky as something that should be investigated by police.

Berezovsky fled from Russia in 2001 after Vladimir Putin’s ascension to presidency and settled in Britain, sometimes calling himself Platon Elenin.

Berezovsky was found dead by his bodyguard in the bathroom of his house on Mill Lane, Ascot, Berkshire, in March 2013. The results of a post-mortem examination found the cause of death to be consistent with hanging, and a paramedic later said at the inquest that suicide was likely the cause, as there was no evidence indicating otherwise.

In March 2014, the coroner in charge of the inquest said there was no sufficient proof of either a suicide or a murder.  Berezovsky left behind a tangled web of legal and financial disputes and obligations.

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UK tycoon commits suicide after Moscow real estate loss - report

12:11 11/12/2014 Businessman Scott Young, an associate of late Russian oligarch Boris Berezovsky, has apparently committed suicide by plunging out of the window of his uptown London apartment.
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