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Robinson and Paxman are among those said to have invested around £50,000.

His clients could face large bills if HMRC proves the venture was tax avoidance It emerged that 141 well-heeled clients, including David Beckham, left, and Geri Halliwell, each invested in the scheme.

Not that he could have imagined leading such an eventful life during his early years in Brentwood — one of five children raised by builder Cianan Mc Kenna and his wife Mary, a nurse.

Though clearly brilliant and ‘an A-type over-achiever’, as he puts it, he didn’t even go to university.

The 58-year-old tycoon with a penchant for Aston Martins (though according to his representatives, his is 20 years old) and Harley-Davidson motorbikes has joined the fray full-throttle.

Dismissing the allegations against his company, he claimed last week that HMRC had ‘failed to distinguish between commercial businesses and tax avoidance schemes’.

The Ingenious investment plan certainly lived up to its name during the early part of the last decade.