Nicholas van Hoogstraten says he is worth no more than £4m despite claims during his trial that £500m was an inadequate value of his wealth.
Just months ago, the jailed property tycoon boasted of his £200m art collection. He now claims to have given this to his children.
The family of murdered business associate Mohammed Raja is continuing its original fraud case against van Hoogstraten and they are seeking £5m.
The Daily Telegraph 10/12/02 page 6
