A vicar from Monmouthshire has resigned after running up £189,000 in debts during the dotcom boom, according to a report in the Financial Times.
Paul Scriven, who lives in a vicarage in Dingestow, borrowed money to invest in dotcoms and now owes money to 20 different creditors.
Scriven is reported to have been a keen reader of the financial press but became a victim when the bubble burst.
The loans were legitimate but he decided to resign as parish incumbent, a role that gave him responsibility for parish finances.
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