Scot Young was the go-to fixer for the archenemy Boris Berezovsky of Vladimir Putin and laundered the money from the Russian oligarch before they both died in mysterious circumstances within a year of each other, it is claimed today.
Young, who was once worth £ 800 million before he went bankrupt, died after pouncing his handrails under his £ 3 million London penthouse in December 2014, after repeatedly alerting police and friends that assassins with ties to Moscow killed him wanted to have.
A year after his fatal fall, a coroner judged that Scot’s death at the age of 52 could not be recalled suicide because of ‘insufficient evidence’ – but the MET concluded that it was not suspicious.
Investigative journalist Heidi Blake has written a new book “From Russia with Blood” and claims that Scot was “in great danger” of laundering money for Berezovsky and his wealthy Russian friends who fled to Britain.
She also believes that Scot earned millions after stumbling into a loophole that allowed him to move money to Britain without punishment if he admitted to HMRC that it was all raised by crimes abroad.
Scot Young, pictured with his reality star friend Noelle Reno, died in mysterious circumstances in 2014 and had warned friends and feared murder
Young died after falling on his handrails under his £ 3 million London penthouse in December 2014 (photo)
Mrs. Blake told BBC Scotland: “Scot joined a large organized crime group and started laundering money for them.
“He became the go-to-fixer for Berezovsky and his co-workers as they sought ways to dispose of their poorly-earned money in an extraordinary range of luxury British properties, vehicles, private planes, and helicopters.
Boris Berezovsky was hanged in 2013. Some claim he was murdered, but the police disagree
“He really helped Berezovsky to splash his money in the UK and pursued a whole series of high-risk real estate transactions for Berezovsky in Russia himself.
“So he exposed himself to immense danger as part of that role, and eventually he dived out of a window of his fourth-floor apartment in Marylebone, London, and was impaled on the points of a wrought-iron gate below it.
“This after years of warning the police and his friends and family that he was the target of Russian assassins.”
Mrs. Blake also claims that Young’s money laundering career came after he had robbed banks in Europe and found a way to bring it back to Britain without being arrested.
She said: “Scot Young met a lawyer on a Concorde flight from New York to London in the 1990s and told him:” I have a tax problem. I have robbed banks all over Europe and every time I try the money I have earned, in the UK, the taxpayer wants to know where it comes from “.
Heidi, who is Buzzfeed’s global research editor, continued: “He was introduced to a lawyer who told him that money stolen in bank robbery was not in the taxable income schemes and the taxpayer could not tax you on the proceeds of crime.
“So if he went to HMRC and told them he had stolen all this money, he would not be taxed. The way the law worked at the time is that all the declarations you made voluntarily did so with immunity so that the tax authorities could not report to the police that this money had been stolen.
“So this is what Scot Young did, he moved all the money to a UK account, stated that this was the way he made it and the tax authorities allowed him to continue spending.”
Scot was part of a group of five friends – all of whom gained huge wealth on deals they brokered – all of whom found sudden, violent deaths within four years of each other.
They were real estate magnates Paul Castle and Robbie Curtis; former rock manager Johnny Elichaoff and Berezovsky, found dead in his home in Berkshire in 2013 with a ligature around his neck.
Young had told friends that he was worried that someone would try to kill him because there was “a prize on his head.”
He served eight months in prison in 2013 after a judge imprisoned him for disdain in court because he had not revealed where the £ 400 million fortune was at the center of his seven-year divorce fight with his wife.
Autumn: Mr Young, pictured shortly before his death, Krug Chanpagne, went bankrupt after he had made his fortune deals for the super rich, but his wife says he had hidden huge sums of money
Scot Young, photo with his American girlfriend Noelle Reno, stood in the middle of one of the most horrific divorce cases in Britain, with his wife Michelle, before he died
Boris Berezovsky in the £ 20 million mansion Surrey that he bought from Scot Young before he died
Born in Dundee, Scot earned his wealth of real estate and gambling on telecommunications – but reportedly also made large sums that work as a fixer for the super-rich.
He himself lived a lush lifestyle, driving around in luxury sports cars and wearing designer clothes.
He married Michelle Young in 1995 and had two children, Scarlet and Sasha, who lived on a 12-bedroom, 200-hectare property in Surrey.
Mrs. Young had previously claimed that he was “worth at least a few billion” and said her husband had hidden assets of more than £ 400 million in offshore accounts.
Things started to get sour in 2006 and a lengthy divorce battle ensued – with Scot agreeing to marry an American-born model.
But this never happened because he was found impaled in 2014 on Montagu Square, London.
The cause of his death has never been established and an investigation in 2015 refused to label it as suicide.
It was revealed in 2017 that Scotland Yard had received a transcript of a phone call between Mr. and Mrs. Young that took place five weeks before his death.
In the call, she said she had discovered the ties between him and banned the Russian oligarch Boris Berezovsky. But he warned her to stop investigating his contacts and his life was in danger.
Scot Young helped hide his £ 500 million fortune from his wife “in a game of hide and seek” with the help of a Panama-based law firm, leaked documents presented in 2016.
The British tycoon used Mossack Fonseca and other offshore companies to store its assets in Russia, the British Virgin Islands and Monaco.