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Downfall of Ferrari fraudster.


Byline: MELVYN HOWE

FALLEN tycoon Timothy Power was convicted yesterday of fraudulently using a personalised number plate on his pounds 100,000 Ferrari.

Power, 35, was caught with the lapsed registration P9WER WER Weekly Epidemiological Record
WER Windows Error Reporting
WER Word Error Rate
WER Window Energy Rating
WER Wet-Etching Rate
WER Water Entry Resolution
WER Work Estimate Request
WER Work Entity Release (Saudi Aramco) 
, but claimed he had simply been too rich and busy to attend to paperwork.

The former Belgo restaurant chain boss, who recently lost his millions in a stock market nosedive nose·dive  
n.
1. A very steep dive of an aircraft.

2. A sudden, swift drop or plunge: Stock prices took a nosedive.

Noun 1.
, was convicted of two fraud charges at London's Blackfriars Crown Court.

He will be sentenced next month.

The once flamboyant high-flier high·fli·er also high-fli·er  
n.
1. One who is extravagant or extreme in manner or opinions.

2. A stock that sells well above its original value.
, ex-husband of a Dutch heiress, also had a dodgy dodgy - Synonym with flaky. Preferred outside the US  tax disc.

Father-of-two Power, from Parsons Green Coordinates:

Parsons Green is an area in the London Borough of Hammersmith and Fulham.

The mainly residential area is named after Parsons Green, (which Fulham F.C.
, West London, said outside court: "I am certain I would not be here had I chosen to drive my B-reg Ford Fiesta more often."

He then squeezed his 6ft 7ins frame into the passenger seat of a red V-registered Ferrari and was driven away.

CAPTION(S):

CHEAT: Power yesterday
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Article Details
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Publication:The Mirror (London, England)
Date:Mar 23, 2001
Words:148
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