So who was the guy who emptied his company accounts with a BBL?

[Unix]

Looks like this guys biggest crime is stupidity, incorporated 3rd Jan, Application to strike the company off the register 19th Feb

https://find-and-update.company-info...filing-history

He probably put it all in crypto and lost it, so had to close the company

[northernladuk]

Looks like this guys biggest crime is stupidity, incorporated 3rd Jan, Application to strike the company off the register 19th Feb

https://find-and-update.company-info...filing-history

Indeed. I don't think these people that set out to commit out and out fraud tend to put a lot of time in to covering their tracks. Friend of a friend of the family friend in the community will have told them and everyone will just do it rather than sit there and put a lot of effort in to understanding it and what they are doing.

[SimonMac]

Looks like this guys biggest crime is stupidity, incorporated 3rd Jan, Application to strike the company off the register 19th Feb

https://find-and-update.company-info...filing-history

[northernladuk]

Has anyone seen NowPermOutsideTheUK ServingTimeAtHerMajesty'sPleasure ?

I'm sure is plenty for HMIT and other depts to have a chew on there but it was Zeus Tiktak that was going on about this.

https://forums.contractoruk.com/acco...g-scandal.html

[WTFH]

Has anyone seen NowPermOutsideTheUK ServingTimeAtHerMajesty'sPleasure ?

[northernladuk]

He bought a Rolex?

Chap needs a few pointers in how to have a good time in blowing a large wedge.

qh

He can't wear hookers and coke on his wrist and be asked about it in the interview though

[quackhandle]

He bought a Rolex?

Chap needs a few pointers in how to have a good time in blowing a large wedge.

qh

[northernladuk]

I would expect them to say "criminal charges are proceeding" or something along those lines if that was the case(?)

35% "income drop" for openly and blatantly stealing £150k? No jail time? I'd say that's pretty trivial, no?

https://www.bbc.co.uk/news/uk-englan...shire-59293345

It is understood the money has not yet been recovered but the men could face attempts to retrieve it.

So it's too early. The report above is the result of the investigation in their activity by the Gov. Now they have a finding then a police one can start.

[DaveB]

I think your URL is missing a colon but the .gov press release is https://www.gov.uk/government/news/1...ement-director

It says the [only?] punishment was disqualification as directors?

No additional fines? No risk of imprisonment? Did they even have to pay it back? Seems like a pretty low risk strategy for what was out and out blatant fraud, this story won't have put many people off...

Fixed the link. Fat fingers on my behalf.

The Accounting Web Article does say that criminal prosecution will follow where there is evidence of such activity and I think this one falls squarely into Fraud so I'd expect it to be followed up.

If they guys makes living as a Company director of any kind he's screwed. He'd have to find someone to employ him and explain why he can't act as a director again.

[pr1]

You aren't really this dense are you?

Firstly it's an article on the Gov site not a news page so they aren't going in to all that. They will only focus on the the relevant information and won't comment on criminal matters so I'm not surprised all that is missing. They rarely comment about the money affairs of individuals either and certainly report police activity on this outlet.

Secondly, bearing in mind his job is being a director and he derives his income from it via dividends etc, being banned is pretty serious. If you get banned from being a director you will have to go brolly so your income will drop by 35% plus for the next 13 years. Is that trivial enough for you?

Back to the article. That will just be the tip of the iceberg and I think everyone knows that.

I would expect them to say "criminal charges are proceeding" or something along those lines if that was the case(?)

35% "income drop" for openly and blatantly stealing £150k? No jail time? I'd say that's pretty trivial, no?

[northernladuk]

I think your URL is missing a colon but the .gov press release is https://www.gov.uk/government/news/1...ement-director

It says the [only?] punishment was disqualification as directors?

No additional fines? No risk of imprisonment? Did they even have to pay it back? Seems like a pretty low risk strategy for what was out and out blatant fraud, this story won't have put many people off...

You aren't really this dense are you?

Firstly it's an article on the Gov site not a news page so they aren't going in to all that. They will only focus on the the relevant information and won't comment on criminal matters so I'm not surprised all that is missing. They rarely comment about the money affairs of individuals either and certainly report police activity on this outlet.

Secondly, bearing in mind his job is being a director and he derives his income from it via dividends etc, being banned is pretty serious. If you get banned from being a director you will have to go brolly so your income will drop by 35% plus for the next 13 years. Is that trivial enough for you?

Back to the article. That will just be the tip of the iceberg and I think everyone knows that.

[pr1]

I think your URL is missing a colon but the .gov press release is https://www.gov.uk/government/news/1...ement-director

It says the [only?] punishment was disqualification as directors?

No additional fines? No risk of imprisonment? Did they even have to pay it back? Seems like a pretty low risk strategy for what was out and out blatant fraud, this story won't have put many people off...

[DaveB]

Director banned for £150k Bounce Back Loan fraud