High-roller on the Costa del Sol Nigel Goldman disappears ‘with investors’ millions’

Flamboyant businessman cannot be found by his clients

A high-rolling poker player and Costa del Sol society figure, said to be friends with Princess Diana’s former lover James Hewitt, has gone missing – leaving investors millions of pounds out of pocket.

Nigel Goldman was previously convicted for fraud and jailed in England, writing openly about his crimes in his autobiography, High Stakes: How I Blew £14 million, and then set himself up as an investment adviser near Marbella.

But now the flamboyant businessman, who styled himself as a "Sir", cannot be found by his clients, more than a dozen of whom claim they are owed money after investing in one of his schemes.

Antonio Flores, the lawyer representing Mr Goldman's clients, said complaints had been made to police in Spain and authorities in the UK. "I think he's not done anything of what he said he would be doing - invest the money for people," Mr Flores told The Independent, outlining the allegations. "I think he's just had a classic vulgar Ponzi scheme, where he just dips in [to the money] whenever he feels like it and pays out clients who shout the loudest." Mr Flores said Mr Goldman "acted totally outside of any regulation".

The total amount of money involved could actually be far higher than first thought as typically in cases like this only 25 to 30 per cent of clients come forward, the lawyer said. He said one of Mr Goldman's clients was missing a "large amount of money".

According to emails seen by The Independent, a client sent a message to Mr Goldman in November saying: "PLEASE DEPOSIT AS MUCH AS POSSIBLE. The amount you are holding is £500k."

A reply from an email address used by Mr Goldman said: "Just managed to pay in 425.00 for you - sorry that's all I can mange [sic] for now, it's a small start, but more importantly, a gesture of my good intentions for the future."

Jon Clarke, of The Olive Press, the expat newspaper which broke the story, said he believed the total sum could run into "tens of millions".

"I would say on the Costa del Sol, Costa del Crime, he was one of the most colourful characters, one of the best-known, and best-loved by some people, a regular at charity events," he said. "He was charming and definitely funny ... but I trusted him about as far as I could throw him."

Mr Clarke said Mr Goldman was "very good friends" with Mr Hewitt and also claimed to know Sir Mark Thatcher, another leading light of the social scene.

Mr Goldman did not respond to requests for comment on Facebook and to two email addresses he has used. But in a text message published by the Birmingham Mail, Mr Goldman appeared to claim that he himself was a victim of a scam. "It seems some of my brokers turned out to be running a Ponzi scheme with everyone's money... I did not set out to be a thief," he said.

Michel Euesden, managing director of Euro Weekly News, where Mr Goldman once worked as a restaurant reviewer, said the businessman had persuaded people he had "gone straight" by saying he had "a pathological fear of returning to jail". "People have lost their life's savings," she wrote. "Here is my personal message to Sir [sic] Nigel... One day soon it will be the last drop of champagne you savour in a very long time."


 

News
ebookA unique anthology of reporting and analysis of a crucial period of history
Arts and Entertainment
Jamie Dornan stars as Christian Grey in the Fifty Shades of Grey movie
filmFirst look at Jamie Dornan in Fifty Shades of Grey trailor
News
Lars Ulrich of Metallica performs on the Pyramid Stage at Glastonbury 2014
music
Sport
Shinji Kagawa and Reece James celebrate after the latter scores in Manchester United's 7-0 victory over LA Galaxy
football
Voices
voicesGood for Lana Del Rey for helping kill that myth, writes Grace Dent
Sport
Farah returns to the track with something to prove
Commonwealth games
Life and Style
fashion Designs are part of feminist art project by a British student
Arts and Entertainment
The Tour de France peloton rides over a bridge on the Grinton Moor, Yorkshire, earlier this month
film
News
Very tasty: Vladimir Putin dining alone, perhaps sensibly
news
Arts and Entertainment
Top guns: Cole advised the makers of Second World War film Fury, starring Brad Pitt
filmLt-Col Steven Cole is the man Hollywood calls when it wants to borrow a tank or check a uniform
Life and Style
Listen here: Apple EarPods offer an alternative
techAre custom, 3D printed earbuds the solution?
News
Snoop Dogg pictured at The Hollywood Reporter Nominees' Night in February, 2013
people... says Snoop Dogg
News
The University of California study monitored the reaction of 36 dogs
sciencePets' range of emotions revealed
Arts and Entertainment
A scene from Shakespeare in Love at the Noel Coward Theatre
theatreReview: Shakespeare in Love has moments of sheer stage poetry mixed with effervescent fun
Latest stories from i100
Have you tried new the Independent Digital Edition apps?

Day In a Page

Screwing your way to the top? Good for Lana Del Rey for helping kill that myth

Screwing your way to the top?

Good for Lana Del Rey for helping kill that myth, says Grace Dent
Will the young Britons fighting in Syria be allowed to return home and resume their lives?

Will Britons fighting in Syria be able to resume their lives?

Tony Blair's Terrorism Act 2006 has made it an offence to take part in military action abroad with a "political, ideological, religious or racial motive"
Beyoncé poses as Rosie the Riveter, the wartime poster girl who became a feminist pin-up

Beyoncé poses as Rosie the Riveter

The wartime poster girl became the ultimate American symbol of female empowerment
The quest to find the perfect pair of earphones: Are custom, 3D printed earbuds the solution?

The quest to find the perfect pair of earphones

Earphones don't fit properly, offer mediocre audio quality and can even be painful. So the quest to design the perfect pair is music to Seth Stevenson's ears
US Army's shooting star: Lt-Col Steven Cole is the man Hollywood calls when it wants to borrow a tank or check a military uniform

Meet the US Army's shooting star

Lt-Col Steven Cole is the man Hollywood calls when it wants to borrow a tank or check a military uniform
Climate change threatens to make the antarctic fur seal extinct

Take a good look while you can

How climate change could wipe out this seal
Should emergency hospital weddings be made easier for the terminally ill?

Farewell, my lovely

Should emergency hospital weddings be made easier?
Man Booker Prize 2014 longlist: Crowdfunded novel nominated for first time

Crowdfunded novel nominated for Booker Prize

Paul Kingsnorth's 'The Wake' is in contention for the prestigious award
Vladimir Putin employs a full-time food taster to ensure his meals aren't poisoned

Vladimir Putin employs a full-time food taster

John Walsh salutes those brave souls who have, throughout history, put their knives on the line
Tour de France effect brings Hollywood blockbusters to Yorkshire

Tour de France effect brings Hollywood blockbusters to Yorkshire

A $25m thriller starring Sam Worthington to be made in God's Own Country
Will The Minerva Project - the first 'elite' American university to be launched in a century - change the face of higher learning?

Will The Minerva Project change the face of higher learning?

The university has no lecture halls, no debating societies, no sports teams and no fraternities. Instead, the 33 students who have made the cut at Minerva, will travel the world and change the face of higher learning
The 10 best pedicure products

Feet treat: 10 best pedicure products

Bags packed and all prepped for holidays, but feet in a state? Get them flip-flop-ready with our pick of the items for a DIY treatment
Commonwealth Games 2014: Great Scots! Planes and pipers welcome in Glasgow's Games

Commonwealth Games 2014

Great Scots! Planes and pipers welcome in Glasgow's Games
Jack Pitt-Brooke: Manchester City and Patrick Vieira make the right stand on racism

Jack Pitt-Brooke

Manchester City and Patrick Vieira make the right stand on racism
How Terry Newton tragedy made iron men seek help to tackle their psychological demons

How Newton tragedy made iron men seek help to tackle their psychological demons

Over a hundred rugby league players have contacted clinic to deal with mental challenges of game