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Trying times for Jacob J. Elkin and Baron Hans Heinrich Thyssen-Bornemisza

Former high-flying Canadian investor Jacob J. Elkin and Swiss tycoon Baron Hans Heinrich Thyssen-Bornemisza were featured in two separate stories in The Royal Gazette newspaper in Bermuda this month. The newspaper reported that Elkin’s Bermuda home, which has an estimated value of $1.5 million, was being auctioned off in an attempt to collect part of the $12.5 million he owes creditors.