Michael Karus, who was jailed for three-and-a-half years for embezzling £400,000 from a pensioner’s estate, was being sued by the city council.
Council chiefs pursuing the debt were concerned the ex-convict was planning to move to Panama without paying. The council had previously been contacted by Karus’ sister, Anielka McElvogue, who warned them the 51-year-old was making preparations to move his assets to the Central American tax haven. But a hearing on the case was held at Edinburgh Sheriff Court yesterday when the council’s solicitor, Victoria Marr, confirmed payment had been made.
Ms Marr earlier told the court that Karus’ intention was to “leave the country” when another ongoing court case was resolved. Karus is currently suing his sister and brother-in-law, Tony McElvogue, for at least £11 million to recover assets he transferred into their names to protect his property empire.
Karus could not be reached for comment.