The investor and entrepreneur Illann Power has filed for bankruptcy in the US state of Florida, according to legal filings. The application was submitted to the US bankruptcy courts of the southern District of Florida on June 24. Documents signed by Power show the Irish-born businessman has total debts of $1.09 million and assets of $19,824. The vast majority of his debts, some $955,000, is owed to the Revenue Commissioners. Several US banks and credit card providers are owed small amounts of money. Power has said he previously founded Incubrands, a spirits company. In interviews he has said he had…

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