Insolvency Service
Regulation | 25 Jul 24
More than 830 directors in UK banned for Covid loan abuses in one year
It carried out 22 criminal prosecutions and took steps towards the recovery of nearly £3m
Directors charged with fraud over Costa Rica plantation investment scheme
‘Abrupt collapse’ of company saw around 3,500 UK investors lose £70m
£20m Ponzi scheme fraudster handed seven-year prison sentence
Many victims lost most or all of the money they had entrusted to him
Trio banned over £44m pension transfer mis-selling scandal
Victims had their funds placed into high-risk investments based in Mauritius
Director banned over £8m care home investment scheme
He has been handed a 10-year disqualification order