IVA

‘Broke’ Mr Cash accused of hiding millions

A little more than a year ago, he had it all — expensive houses, the trappings of luxurious living and a trophy wife. He even had a name befitting the 245th position on The Sunday Times Rich List.

But now Kevin Cash, the Birmingham boy who amassed a £500 million fortune in the London and international property markets, claims he has little left apart from the name. Mr Cash was declared bankrupt at Oxford county court this week after a group of creditors rejected his offer of a softer “individual voluntary arrangement” (IVA).

That snub is a sign of the bad blood washing between Mr Cash and some of his creditors after a three-year saga that has seen some of his closest friendships turn sour


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