Insolvency Service
Investment | 1 Mar 17
UK court bans directors of Australian, Lithuanian wheat scheme
Two directors who ran a wheat-based investment scam have been banned from acting as directors by the UK’s High Court, after failing to account for more than £500,000 ($621,465, €586, 572) of investors’ money.
Tax & Regulation | 15 Feb 17
Ex-financial adviser given maximum 15-year bankruptcy order
A former financial adviser has been handed the maximum bankruptcy order of 15 years for acting in the management of a company while he was subject to a lengthy director’s ban.
Tax & Regulation | 14 Feb 17
UK bans directors of £1m carbon credit scam
The UK High Court has banned three directors who sold worthless carbon credits as part of a £1m ($1.25m, €1.17m) scam.
Tax & Regulation | 20 Dec 16
Dodgy carbon credit trio struck off after investors lose £3m
Three former directors of a carbon credit scheme have been banned for a total of 44 years after investors in the fraudulent investment lost almost £3m ($3.7m, €3.5m), the UK’s Insolvency Service (IS) has revealed.
Retirement | 12 Aug 16
Five UK pension liberation firms shut down in £128m scam
The UK’s Insolvency Service has shut down five so-called pension liberation companies over the past year, after they scammed pensioners out of £128m ($166m, €148m).