Ferrari-driving Mark Fortune appears in court after he admitted both making threats against a tenant and various rental frauds.

A notorious rogue landlord is waiting to discover whether he faces prosecution under the Proceeds of Crime Act.

Prosecutors are pursuing Mark Fortune, 51, in a bid to seize assets which could total millions of pounds.

The confiscation case was launched shortly after Fortune was sentenced over a host of charges at Edinburgh Sherriff Court in September 2016. However, his complex financial affairs have caused years of legal wrangling.

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At the time, Fortune admitted offences including making threats of violence against Alvaro Espinosa in 2013 in the city’s Bruntsfield while demanding he pay rent.

He also pleaded guilty to a number of frauds where prospective tenants responded to his Gumtree adverts for properties to rent, paying him deposits for accommodation which never materialised. In 2017, Ferrari-driving Fortune admitted owning 70 flats.

Solicitor Gillian Law, representing Fortune, who appeared in the dock, said the defence was engaging a specialist accountant to study evidence. The next hearing has been set for March.

It’s not known exactly how much prosecutors hope to seize from Fortune. A Crown Office spokeswoman told LandlordZone that the figure could not be disclosed as it was a live investigation and subject to change.

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