Web company boss stole £30,000 from his mother's credit card to set up business

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A web entrepreneur has revealed how he stole £30,000 from his mother's credit card to create his first business aged 17 - the first step in the road to creating a £150million fortune.

Andrew Michael, from Cheltenham, set up a website business offering email and web services to companies with his friend for their A-level project in 1997 - but needed fibre optic broadband to expand it.

Back then this required paying for excavations to lay the cables, which Mr Michael did over the phone without his mother's knowledge - gambling that his future takings would be enough to cover the credit card bill.

Thankfully it worked, and Mr Michael and his business partner Alex Wilding were soon cashing in.

'By the end of the month we had enough clients and money to pay for the internet line and the advertising,' Mr Michael told the BBC's The Boss.

He insists his mother forgave him - although it is not clear

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