£8million goes pop for Candy

PROPERTY developer Nick Candy, 43, may want to stick to his day job after potentially losing £8million attempting to diversify his portfolio. Perhaps inspired by his wife Holly Valance’s pop career, Companies House records show that Nick’s company Candy Ventures Sarl loaned £8million to music company Crowdmix which had hopes of rivalling Apple Music. But after blowing £14million in investor funding, the company has gone into administration. It has now been put up for auction to try to repay creditors, including Candy. It’s not been a good couple of weeks for Nick, after it was revealed his company lost £1.25million when its email system was ‘hacked’. Nick’s office would not comment.