Friends reveal how Scot Young owed millions to the mafia and was in fear for his life when he fell to his death
Scot Young, the tragic tycoon, who died falling from his fourth storey London flat, owed millions of pounds to the Russian and Turkish mafia and was hung out of a hotel window by gangsters two years ago as a warning, a friend has claimed.
The body of the 52-year-old entrepreneur was discovered impaled on railings beneath his central London apartment on Monday afternoon.
Scotland Yard said it was not treating the death as suspicious, but one of his closest associates has rejected the idea that he would have taken his own life and has said he believes Mr Young was murdered over unpaid debts.
He claimed the father of two, who became embroiled in one of Britain’s costliest and most bitter divorces, was given a warning by the Russian mafia two years ago, when he was hung out of a window at the Dorchester Hotel on Park Lane.
The source said he was warned in no uncertain terms that next time he would be dropped if he did not come up with some money.
The man, who now fears for his own safety, and asked not to be identified, told the Telegraph: “I do not believe for one minute Scot committed suicide, my heart tells me he was killed. There is no way he would have jumped to his death.
“I knew him very, very well, we have been friends for over 20 years. We are all very scared about what might happen. I believe Scot was murdered.”
He went on: “Two years ago he was hung off the balcony of a hotel room at the Dorchester by Russian mafia he owed money to, before he went to prison. He never went back there after that. He owed a lot of money to the wrong sort of people.”
Other friends claimed Mr Young had confided in them as recently as last month, that he feared for his safety.
One source told the Daily Mail: “He was very worried, he said he knew someone was following him. Many of Scot's friends aren't surprised that he died.”
Mr Young, who at his peak was worth an estimated £400 million, claimed to have lost his entire fortune when a vast property deal in Russia, known as Project Moscow, collapsed in 2006.
During his divorce battle with ex-wife Michelle, he told the court that not only had his entire fortune been wiped out, but he had also been left with debts of £30 million.
Last January Mr Young was jailed after refusing to comply with a court order demanding that he reveal the extent of his assets.
While he had been suffering from depression and had twice been sectioned under the Mental Health Act, friends claimed had found happiness in recent years with his American born girlfriend, Noelle Reno, 30.
His friend said: “He was suffering from depression but he would not have done this. He was truly in love Noelle, he had asked her to marry him and they were going to wed next year. He idolised her. She wasn't with him for the money. He would have done anything for her.”