Magazine publisher flees the country

2014-02-23 12:54
(File, AP)

(File, AP)

Multimedia   ·   User Galleries   ·   News in Pictures Send us your pictures  ·  Send us your stories

Cape Town - A warrant of arrest has been issued for Briton Anthony Vaughan, a media entrepreneur and publisher of two glossy magazines, after he failed to appear at an insolvency hearing in the Cape Town High Court.

Vaughan, who is married to Generations actress Faye Peters,  has instead fled the country, reported the Sunday Times.

The fugitive, who was the sole director of Media Nova, which published The Property Magazine and Sandton – glossy high-end magazines, is accused of duping creditors, including the Industrial Development Corporation out of millions.

According to a Media Online report by Glenda Nevill in October last year, Vaughan's company was in debt to Paarl Media, CTP Printers and Ultra Litho, all of which had printed his magazines, but had not been paid in full.
Paarl Media CEP Stephan van der Walt was quoted as saying that Vaughan and Media Nova owed the company R4.4 million, describing partial payments that had been made over the past two years as "insignificant".

Vaughan is also allegedly wanted in connection with charges of theft, fraud and extortion in Namibia, the Sunday Times said. The insolvency hearing has been postponed to 4 June.
Read more on:    cape town
SHARE:

Read News24’s Comments Policy

24.com publishes all comments posted on articles provided that they adhere to our Comments Policy. Should you wish to report a comment for editorial review, please do so by clicking the 'Report Comment' button to the right of each comment.

Comment on this story
18 comments
Add your comment
Comment 0 characters remaining
 

Inside News24

 
/News
 

The world's least visited destination is breathtaking!

Who would have guessed the world’s least visited country would have such spectacular beaches?

 
 

I love summer.24

LOL treadmill fail!
Google’s top searches of 2014
10 of the strangest Christmas traditions around the world
2014's best drone videos

Jobs in Cape Town [change area]

Property [change area]

Travel - Look, Book, Go!

Kalahari.com - shop online today

2DAYS ONLY – 30% off Appliances

Coffee makers, blenders, fans, juicers and more. T&Cs apply. Shop now!

2 DAYS ONLY – 40% off books

Get 40% off when you buy 2 books. For two days only! T&Cs apply. Buy now!

Up to 50% off on outdoor gear

Save on chairs, blankets, cooler bags, umbrellas and more. Shop now!

Save on Samsung

Cameras, mobile phones, TVs, Tablets and more. While stocks last. Shop now!

Grand Theft Auto 5

Now available on PS4, Xbox One and PC from R649. Buy now!

OLX Free Classifieds [change area]

Samsung Galaxy s4

Mobile, Cell Phones in South Africa, Western Cape, Cape Town. Date October 24

Best bargain in big bay

Real Estate, Houses - Apartments for Sale in South Africa, Western Cape, Cape Town. Date October 25

VW Golf 6, 1.6 Trendline (Excellent condition)

Vehicles, Cars in South Africa, Western Cape, Cape Town. Date October 25

Horoscopes
Aquarius
Aquarius

Any chance to explore the distant shores of things yet to be found will fascinate you. The challenge is dealing with the issues...read more

There are new stories on the homepage. Click here to see them.
 
English
Afrikaans
isiZulu

Hello 

Create Profile

Creating your profile will enable you to submit photos and stories to get published on News24.


Please provide a username for your profile page:

This username must be unique, cannot be edited and will be used in the URL to your profile page across the entire 24.com network.

Settings

Location Settings

News24 allows you to edit the display of certain components based on a location. If you wish to personalise the page based on your preferences, please select a location for each component and click "Submit" in order for the changes to take affect.








Facebook Sign-In

Hi News addict,

Join the News24 Community to be involved in breaking the news.

Log in with Facebook to comment and personalise news, weather and listings.