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Written by rosalind renshaw

Jim Moore, the founder of property business Inside Track, has told the High Court that he has no assets.

Moore (pictured) was said to be worth £78m when he featured in the Sunday Times Rich List in 2006.

Inside Track, which was at the heart of the buy-to-let revolution, was put into administration in 2008 owing more than £11m.

But a former investor, Tamsin Barks, is suing Moore and three other former directors, Maria Gifford, Tony McKay, and Brad Rosser.

She is claiming that she was the victim of fraudulent mis-selling, and that she invested on Inside Track’s advice and lost hundreds of thousands of pounds.

Inside Track is said to have attracted 100,000 people to its high-profile ‘property investment’ seminars, where they would have met Fuel Investments, the mortgage arm of the business.

Interviewed by the Introducer Today editor in 2007 just as the property market was going into freefall – the interview was arranged through Moore’s PR firm, Max Clifford – Moore declined to discuss his wealth, saying he was in the middle of a contentious divorce.

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