Celebrity consultant who spent an Instagrammer woman for almost £27 million

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A controversial celebrity consultant is being sued for nearly £27 million by creditors who also want the deeds of his beautiful mansion in southern France.

Tim Levy, 53, and his glamorous Instagrammer ‘yummy mama’ wife Roxana, 39, run a limited liability partnership (LLP) called Cocoon Wealth, which was administered in 2020 with unpaid debts of £25.8 million, according to legal documents filed with the Supreme Court.

The documents show that the LLP’s trustees, acting on behalf of investors, are suing Mr Levy for £26.7 million.

Along with Roxana, through her company Roxi Enterprises (UK) Ltd, the couple are listed at Companies House as the only two ‘designated members’ running Cocoon.

Mother of three Roxana has 28,000 followers on her Instagram account @thisladyrox, which describes her as a “fun, playful and foxy mom”.

Her posts show her in bikinis and swimwear in exotic locations around the world, from Mykonos to Marbella, although an unimpressed follower last year asked emphatically, “Who’s paying for all this?”

Tim Levy (pictured), 53, and his glamorous Instagrammer ‘yummy mama’ wife Roxana, 39, run a limited liability company (LLP) called Cocoon Wealth which was administered in 2020 with unpaid debts of £25.8 million, according to legal documents filed with the High Court

Along with Roxana (pictured), through her company Roxi Enterprises (UK) Ltd, the couple are listed at Companies House as the only two 'designated members' running Cocoon

Along with Roxana (pictured), through her company Roxi Enterprises (UK) Ltd, the couple are listed at Companies House as the only two ‘designated members’ running Cocoon

Creditors also want the deeds of his beautiful mansion in the south of France (Photo: aerial view from Google Earth)

Creditors also want the deeds of his beautiful mansion in the south of France (Photo: aerial view from Google Earth)

The Levys got married in style in June 2019 at the exclusive £500-per-night Grand Hotel du Cap-Ferat in Nice.

The new civil claim against Mr Levy – who previously ran a controversial tax avoidance scheme in which many prominent figures in the football world invested – alleges that he is “violating his fiduciary duty” to act in the best interests of Cocoon and its creditors.

The legal document alleges that he has advanced more than £2.5million of Cocoon’s funds to his own consultancy, Blue Mountain Advisers Ltd, in the form of a loan or ‘excessive fee’.

He is also alleged to have paid Cocoon a total of £12.3 million for the purchase and maintenance of his own property in Aix-en-Provence known as La Fin de la Rue.

Third, the documents allege that it prompted Cocoon to pay an additional £7.8 million to itself “without compensation or benefit to the plaintiff.” [Cocoon]’.

The trustees are demanding £22.7 million in damages plus nearly £4 million in interest, as well as a statement from the court that the house in Provence is owned by Cocoon, rather than the Levys.

Mr Levy was previously chief executive of Future Capital Partners, which was behind two controversial tax avoidance LLP schemes called Eclipse 35 and Elysian, both of which have reportedly been challenged by HMRC, which has allegedly led investors – including prominent names from the football world – to facing debts and fines of ‘tens of millions’, although it is not known how the cases were resolved.

The Levys (pictured: Roxana next to a pool overlooking the sea) have put La Fin de la Rue on the rental market for £2,000 a day or £10,500 a week, accompanied by a glossy 42-page 'book' describing it as 'an extraordinary luxury sports estate of 7 hectares for rent in the heart of Provence.

The Levys (pictured: Roxana next to a pool overlooking the sea) have put La Fin de la Rue on the rental market for £2,000 a day or £10,500 a week, accompanied by a glossy 42-page ‘book’ describing it as ‘an extraordinary luxury sports estate of 7 hectares for rent in the heart of Provence.

Eclipse and Elysian’s investors would have included Manchester United legend Sir Alex Ferguson, former Liverpool and Everton manager Rafa Benitez, former Chelsea and Spurs goalkeeper Carlo Cudicini and ex-England managers Sven-Goran Eriksson and Glenn Hoddle .

The Levys have put La Fin de la Rue on the rental market for £2,000 a day or £10,500 a week, accompanied by a glossy 42-page ‘book’ describing it as ‘an extraordinary seven-acre luxury sports estate to rent in the heart of Provence.’

In an introduction, Mr Levy says: ‘The property consists of a main house, a smaller guest house, a tree house, a hot yoga pavilion, a tennis court, a swimming pool, a tree-climbing experience and seven acres of surrounding gardens.

‘Moreover, our house has become an exquisite sports estate. The house is the perfect base to enjoy an intense workout… or a multi-sport experience.

‘Combining an active life with luxury living and eating from Michelin star chefs in the midst of beautiful scenery and a wonderful ambiance, that’s exactly how we live our lives.’

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In addition to their French ownership, the Levys also own a Grade II listed 8 bedroom riverside house in West London with a landscaped garden and private pool house, believed to be worth at least £7million.

Her posts show her in bikinis and swimwear in exotic locations around the world, from Mykonos to Marbella, although an unimpressed follower last year emphatically asked 'Who's paying for all this?' Pictured: Roxana outside a house in England

Her posts show her in bikinis and swimwear in exotic locations around the world, from Mykonos to Marbella, although an unimpressed follower last year emphatically asked ‘Who’s paying for all this?’ Pictured: Roxana outside a house in England

In addition to their French ownership, the Levys (photo: Roxana) also own a Grade II listed 8 bedroom riverside house in West London with a landscaped garden and private pool house, believed to be worth at least £7million

In addition to their French ownership, the Levys (photo: Roxana) also own a Grade II listed 8 bedroom riverside house in West London with a landscaped garden and private pool house, believed to be worth at least £7million

Mr Levy told TSWT: ‘The action is fully defended, all charges have been dismissed and I have appointed a leading law firm to act in my defence.

“I’ve been a director of over 300 companies and LLPs and some of them have failed – that’s the nature of the entrepreneurial activities I do.

“Sometimes the creditors don’t accept that this is for legitimate reasons and they take legal action.

Of course, instituting such action does not mean they are right and often things are very complex and subtle and there are sometimes judgments that in hindsight, in hindsight, were wrong – but that doesn’t make the original decisions were unjustified or legitimate. ‘

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