News - Bankrupt jailed for eight months for attempting to hide assets

fermi

http://rnn.cabinetoffice.gov.uk/Press-Releases/Bankrupt-jailed-for-eight-months-for-attempting-to-hide-assets-6874f.aspx

Simon Peter Eagle, a former bankrupt has been sentenced to eight months imprisonment after being found guilty of failing to disclose to a bankruptcy trustee the funds he received following the sale of a flat he owned, following a trial at Chelmsford Crown Court.

Mr Eagle’s conviction follows an initial investigation by The Insolvency Service and a full criminal investigation and Prosecution by the Department for Business Innovation and Skills (BIS).

Mr Eagle, 54,pleaded guilty to two counts of omitting to disclose a bank account he held to the Official Receiver as required by law, and was sentenced to five months imprisonment on each count. The court also pronounced him guilty of failing to disclose his interest in a flat, which is a condition of his bankruptcy. He was given an eight month sentence on the latter count. The two sentences will run concurrently.

Lou67

fermi wrote: »

http://rnn.cabinetoffice.gov.uk/Press-Releases/Bankrupt-jailed-for-eight-months-for-attempting-to-hide-assets-6874f.aspx

YIKES :eek: Thanks for sharing Fermi xxx

PippaGirl_2

I did wonder if those that break the insolvency laws are ever found out. I wonder if this was found in routine searches or if someone shopped him?

dojoman

Deserved what he got, it is due to the likes of these people that BR still has a very foul smell attached to it.