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Tuesday, 9 December 2008

Gangster John Gizzi,activated the 2,712 extra days which Gizzi must serve on top of his original sentence for failing to abide by the confiscation

21:38 |

John Damon Gizzi failed to sell his luxury pad, meaning he could not meet a £2.6m confiscation order and automatically triggering an extension to his jail term.Gizzi, who lived a millionaire lifestyle, was jailed for five-and-a-half years in January 2007.He was also ordered to pay back £2.6m under the Proceeds of Crime Act. But yesterday – 11 days before he was due to be released – a court heard the house had not sold and he would remain behind bars. He still owed £2.2m including £132,000 interest, Llandudno Magistrates’ Court heard.He is currently in prison for grievous bodily harm.Originally Gizzi’s mansion, Bronwylfa Hall in St Asaph, Denbighshire, had been valued at £1.8m but the asking price had then been reduced to £1.3m and an offer of less than £900,000 made by a potential buyer.The country house lies in 4.7 acres in the Vale of Clwyd, near St Asap, Denbighshire. It boasts four reception rooms and a leisure complex with swimming pool, gymnasium and tennis courts.At the time the original confiscation order was made, police said it meant Gizzi would be penniless and homeless when released.The 37-year-old was a millionaire who portrayed himself as a legitimate builder and property tycoon.But at the time of his jailing last year, police said he was a bully preying on the weak who beat up homeless people and believed himself to be untouchable. John Gizzi was yesterday told he would stay behind bars for another seven years for failing to pay back £2.2m profit from his crimes.Gizzi was just 11 days away from being released from a five-and-a-half-year jail sentence imposed in January 2006 for mortgage fraud, conspiracy to supply counterfeit cigarettes, and wounding.But Gizzi, 37, still owes £2.2m, including £132,000 interest, acquired from his criminal activities and which he has been ordered to repay.A court at Llandudno heard yesterday that his £1.8m mansion, Bronwylfa Hall at Asaph, had still not sold and he could therefore not repay the money.Yesterday District Judge Andrew Shaw activated the 2,712 extra days which Gizzi must serve on top of his original sentence for failing to abide by the £2.6m confiscation order.He had been due to be released from prison on December 19.Gizzi’s solicitor Huw Edwards told Llandudno Magistrates Court: “He’s made every effort to ensure the assets subject to confiscation have been sold at the best possible price.”The price for Bronwylfa Hall had been reduced to £1.3m and an offer of less than £900,000 had been made.Estate agents had invited offers over £900,000 for the five-bedroom house which has a pool and gym. Mr Edwards said a sale was now imminent.Earlier hearings had been told Gizzi’s other assets included a Bentley Continental, Range Rover and Mercedes cars and four valuable personalised number plates – JDG 1 to 4.Kathleen Greenwood, prosecuting, told the court two occupied semi-detached houses and land in Gors Road, Towyn, which a Crown Court judge last month ruled had been a “tainted gift” to Gizzi’s parents, were worth at least £430,000.They had been ordered to hand over the development to receivers and their company, J and T Gizzi Builders, must also pay £154,000, the prisoner’s share in another building in Rhyl.At a previous hearing it was stressed there was no suggestion Gizzi’s parents were involved in criminality.
Miss Greenwood said the £154,000 had not been received by the receiver.J and T Gizzi Builders had made an offer for the Gors Road property.“I would be extremely surprised if the receiver accepted the lower offer that has been made,” said Miss Greenwood.Removing the current occupants of the semis would delay the realisation of the asset “considerably”.She added: “There have been over 20 months of default here. There are assets which may well be difficult to sell. You are asked to impose the default. Any reduction in the amount of the order will be reflected in a reduction of any term of imprisonment.”An application will be made in the Crown Court by Gizzi on December 17 to reduce the confiscation amount.A court in January 2006 was told Gizzi had built up a portfolio of 21 investment properties worth £2.8m in the Rhyl area but had lied about his income in each mortgage application.

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