A former Scottish Tory treasurer who was declared bankrupt over £41million of debts is making a comeback in the business world.
Malcolm Scott, who was also punished for failing to declare a speedboat and a wine collection to investigators, is part of a venture which claims to offer loans of up to £20million.
Fettes-educated Scott was a grain and property tycoon who became a key figure in the party north of the border and a generous donor.
He was friendly with A-list Tories and let former PM David Cameron use his private jet. But the former Crimestoppers Trust director was made bankrupt in 2012 and accused of concealing lucrative assets.
Read more on dailyrecord.co.uk
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