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Lights out for director after bogus cash back offer by solar panel company

17 March 2014 15:48

Steven Douglas Newman, the director of a company that offered a bogus cash back scheme to customers purchasing solar panels has been disqualified for nine years for the false claims made by the company, following an investigation by the Insolvency Service.

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Eleven year bankruptcy restriction for bank worker who stole people’s money to fund lifestyle

06 February 2014 10:00

Christopher Mark Wathen, a client relationship manager for a bank, has been handed an 11-year bankruptcy restrictions from 3 January for abusing his position of trust by stealing clients’ money and using it to fund his lifestyle and to gamble.

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Car salesman given 12 year bankruptcy restriction for selling employer’s cars and gambling away the proceeds

05 February 2014 12:20

Simon Leigh Gupta, a car salesman, has given a 12-year Bankruptcy Restrictions Undertaking for disposing of vehicles worth £296,290 which did not belong to him and using the money to fund his gambling habit.

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Malvern-based caravan company director gets 11-year ban for withholding third party money

21 January 2014 14:00

Michael Anthony Lake, the director of 3 Counties Caravans Limited (“3 Counties”), was banned from acting as a director for 11 years for failing to forward client money meant for a third party and giving misleading information to a customer, following an investigation by the Insolvency Service.

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‘Gem of Tanzania’ directors banned for a combined 26 years after bogus valuation of company assets

05 December 2013 10:00

David Unwin and Nicholas Ibbotson have become the latest directors of Shropshire construction company Wrekin Construction Company Limited to be banned as directors for ten and seven years respectively, after inflating the company’s accounts with an £11million ruby called ‘The Gem of Tanzania’, which was eventually sold for £8,000.

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Warwick director banned for six years for disposal of company cash

15 November 2013 14:18

Warwick resident Christopher John Haughey, the director of a plant hire company based in Coventry, has been disqualified from acting as a director until November 2019 for transferring funds to an associated company and out of the reach of the company’s creditors.

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Failed Lichfield and Stafford restaurateurs are banned for transferring company assets to their wives

15 November 2013 10:30

Mizanur Rahman and Sadiqur Rahman, who ran restaurants in Lichfield and Stafford have been disqualified from acting as directors for seven years each for transferring the businesses and assets to their wives for far less than the businesses were worth.

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Total non-refund: directors disqualified for 22 years for PPI scam

08 October 2013 14:30

Mohammed Mashedi and Abdul Kauser, directors of Total Refund Limited (‘TR’), have been disqualified for a total of 22 years for using cold-calling and high pressure sales techniques to sell Payment Protection Insurance (‘PPI’) reclaim services to people, including a 94-year-old woman, and not refunding money.

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Daughter follows father into director disqualification by the Insolvency Service

18 September 2013 12:00

Kidderminster resident Harriet Alexandra Noakes, the director of Relish Skincare Limited, was banned from acting as a director for three-and-half years for failing to pay taxes, following investigations by the Insolvency Service.

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Insolvency Service winds up eight companies for abusing the insolvency regime

12 September 2013 12:40

Eight companies which offered misleading, inaccurate and financially damaging information to ailing businesses in England and Wales, or were guilty of serious financial irregularities relating to insolvent companies, have been wound up in the public interest by the High Court in the last six months as part of ongoing investigations by the Insolvency Service.

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