Oh dear - I did not have to look far. From the other thread.
phurley - 19 Dec'06 - 23:00 - 2321 of 2341
Sold out of my last lot this week for a considerable loss.
It wasn't Angelo's past that made me sell.
Not even his daughter following in his footsteps (before someone says this story is old, it isn't, it is from this year):
Young, posh, loaded and up on credit card fraud charges
Evening Standard (London), Feb 6, 2006
THE daughter of a millionaire who appeared on ITV's Young, Posh and Loaded series was due to appear in court today charged with credit card fraud. Donatella Panayiotou, 21, will appear before Horseferry Road magistrates accused of racking up a bill of Pounds 5,000 on a stolen card. The programme, first aired four years ago, is being reshown now. It showed the Primrose Hill TV presenter spending Pounds 1,000 on three T-shirts.
"Young Posh and Loaded
6 February 2006
Donatella, 21, who thinks nothing of dropping a grand on a couple of designer T-shirts, was arrested and accused of credit-card fraud. Young Donatella’s papa, of course, is that most curious of cards, a convicted felon who heads a publicly quoted company. Dad Angelo, 45, runs Designer Vision, which installs in-car entertainment systems. The former boss of Browns nightclub in Covent Garden, he was jailed in 2000 for illegal possession of two handguns, having been cleared of other charges of allowing the supply of cocaine."
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The reason for selling - just don't think they have returned enough shareholder value.
Also don't really want to be associated with a company who is run by a person like this.