I actually used to know this chap, many years ago, when he turned up on the Manchester scene. He made enquiries about learning to fly on a twin, buying a Citation and building an airstrip. This from a lad who looked about 15 years old. A little while later he did start an airstrip next to the M6 near Holmes Chapel - you can still see the remains of the small Tarmac touchdown zones he put in.
Later I followed the "Arrows" fraud trial with amazement as some of it was centred around Altrincham where I lived.
Have to say I'm very sorry he lost his life this way - I'm guessing there will be some interesting revelations to come...