Skip to main content

Press Releases

Press Releases Search

32 press releases found

Advanced search options

Search

No silver lining for banned director responsible for solar panel scam

17 March 2014 16:43

Stephen-Rievaulx Wilson, the director of a company that duped customers into purchasing solar panels by offering a bogus cash back scheme has been disqualified for 13 years following an investigation by the Insolvency Service.

More

No more bets: directors rack up 24 year ban for trading while insolvent

06 March 2014 12:30

Three directors of Centaur Global Limited (“Centaur”), a company incorporated to provide betting investment products and betting information direct to clients, have been disqualified from acting as directors for a combined 24 years for allowing the company to trade while insolvent, leading to losses for its clients.

More

Former solicitor disqualified for 11 years for misrepresentations that led to £29m loss

11 February 2014 09:30

Malcolm Stewart Graham, a former solicitor already serving a five-year director disqualification and who ran SFM Legal Services Ltd (“SFM”) has received a second disqualification of 11 years following a decision made on 15 January 2014, at Newcastle upon Tyne County Court, for misrepresentations that led to over £29m losses to a mortgagee.

More

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.

More

Directors banned for a total of 25 years after three firms scam victims already in debt

29 November 2013 12:40

Christopher Daniel Mills, Paul Michael Young and Mark Taylor, the directors of three connected claims management companies, have been disqualified from being directors for a combined 25 years, for allowing other people to operate the three companies registered in their names that ripped off the public by cold-calling customers and falsely informing them they were entitled to compensation for products such as PPI or that credit card debts could be wiped out altogether.

More

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.

More

New measures to streamline insolvency regulation announced

01 July 2013 12:20

Proposals to transfer the regulation of around 60 insolvency practitioners (IPs) from the Government to independent regulators were among a number of new measures announced today by Business Minister Jo Swinson.

More

Insolvency Service comes down hard on Irish bankrupts who cheated creditors

24 May 2013 09:30

Two bankrupt Irish property developers, who abused the UK bankruptcy regime have received restrictions totalling 16 years, for hiding property from the authorities and transferring funds to their families and associates – seeking to put the money beyond the reach of their creditors.

More

AMENDED: Maximum disqualification term for disgraced international tour boss

10 May 2013 13:45

Abdulkadir Aydin, the sole director of Goldtrail Travel Limited Travel ('Goldtrail), a holiday company based in New Malden, Surrey, has received a 15-year director disqualification - the maximum possible term - from the High Court in London for gross mismangement of the company's affairs.

More