Tycoon jailed in split-up cash row (From Andover Advertiser)
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Tycoon jailed in split-up cash row
11:36am Wednesday 16th January 2013 in National News © Press Association 2013
Scot Young was given a six-month jail term at the High Court
A property dealer involved in a cash fight with his estranged wife has been given a six-month jail term after a High Court judge ruled that he had failed to provide details of his finances and was in contempt of court.
Lawyers representing Michelle Young, 48, have argued that Scot Young, 51, gave the High Court the "runaround" and should be committed to prison.
Mr Young, who represented himself at a High Court hearing in London, said he had "done everything in my power".
Mr Justice Moor ruled against Mr Young and committed him to prison .
Mrs Young said: "All I want is justice."
Today's hearing is the latest stage in a lengthy financial battle between the pair.
High Court judges have heard that the Youngs, who both live in London and have two daughters, separated in 2006.
Two years ago a judge ordered Mr Young to pay Mrs Young £27,500 a month maintenance.
Mr Young - who has been described at earlier court hearings as a "property tycoon" - says he is bankrupt and cannot pay. Mrs Young says Mr Young has "secreted enormous assets".
Their claims will be fully argued at a hearing scheduled to begin late this year.
