The BCR Insolvency Blog

Birmingham Company Directors Imprisoned In Fraud Case

Posted by Philip Wood on 27-Sep-2017 10:34:01

Two Birmingham-based company directors were sentenced to imprisonment on 31st July 2017 for unlawfully diverting company funds to their own bank accounts in advance of a winding up petition. The case of the husband and wife duo is a classic example of how not to handle an insolvency situation, and how dishonesty and malpractice made a failed business situation drastically worse for everyone involved.

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Topics: Business Rescue, Insolvency Practitioner, Fraud

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