Company director Adrian Burford accused of stealing £12.5 million from his own company
Adrian Burford was a man who liked the good life. He lived in a £9.3 million mansion in the Cotswolds, spent £1.1 million buying shares in the Sushinho restaurant on London’s Kings Road and £26,000 on wines. It now transpires that all of this was paid for with someone else’s money.
Burford, who worked as chief executive of an equity investment company named Fern Advisors from an office in Mayfair, stole more than £12.5 million from the company and now a judge at the High Court has frozen his assets and granted an injunction against him.
The most notable purchase Burford made was an 18,903 square foot Grade II listed Georgian mansion named Broadwell Manor at Broadwell in Gloucestershire. Last marketed at a price of £8 million in 2012, Mr Burford is said to have spent £9.3 million buying it.
The court was also told that since Fern Advisors launched proceedings against him, Burford has been nothing other than evasive. As of date, the only assets he has transferred have been two hire purchase leased cars, an Aston Martin Rapide and a Land Rover Discovery 4. The house, no doubt, will be next.
Adrian Burford, who once stated: “I make no apology for being quite expensive to run”, is a prime example of all that is ill with the new rich and their greedy ways. He deserves to be made an example of.
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