Thepropertydevelopmentcourse.com

* This episode was archived June 2019 and is only available for subscribers John Palmer makes a good story He was born into a poor family in Birmingham. He could neither read nor write. He was dyslexic and as a child sold paraffin off the back of a lorry He later Worked for a jeweler dealer before opening up a jeweler and pawn shop in Birmingham selling stolen goods before being muscled out by local gangs. He took the business model and applied it to Bristol running a successful business He smelted down the gold bars in his shed from the Brinks mat bank robbery £25 million pounds sterling in 1983 of gold bullion was stolen from a cargo storage area. Worth about £500 million in todays value. He admitted this in court. He still was acquitted. He used some of that money to set himself up in Tenerife where he ran a fraudulent time share business where there was 14,000-20,000 victims of the fraud. If you owned a time share already they would sell your one at a profit if you bought a second time share from Palmer.