Global Counsel Founder's Firm Fails, Owing Millions

0:00On April 23rd, Lord Mendelssohn's consultancy firm Global Council just filed papers showing it, when bust, owing 4.5 million pounds, with 6, 145,000 pounds of that to the tax man. The strategy outfit collapsed back in February, right in the middle of the Jeffrey Epstein scandal that taint Mendelssohn's rep. Earlier this year, directors booted Mendelssohn from the firm he started in 2010, fearing bad press from his ties to Epstein. He got sacked as Britain's ambassador to Washington the same day. After emails and photos surfaced, showing them way too close were comfort, the fallout hit hard. Global Council had big clients like TikTok and Palantir, offices worldwide, and Mendelssohn once held a 21% stake. Worth about 6 million pounds, but even after ditching him, the company couldn't dodge administration three days before his arrest. New docs at company's house, list creditors, shortchanged by nearly 4.6 million pounds more than assets, though Mendelssohn himself isn't, chasing any cash from it.

1:02He got hell for 9 hours on suspicion of misconduct in public office, linked to passing info to Epstein back in his minister days. He's out on bail, cooperating with cops, and flat out denies any wrongdoing or profiting off the connection, calling the flight risk claims pure. Fiction as the probe drags on.