Former millionaires who have declared bankruptcy are still enjoying lavish lifestyles as they exploit the system to keep their cash, it was claimed.
Crooks and businessmen who say they have little or no assets have been seen driving luxury cars, seemingly untouched by insolvency, a BBC programme alleges.
Convicted fraudster Barry Hughes, an ex-boxing promoter, was seen driving a line of cars worth half a million pounds despite declaring himself bankrupt in 2014, owing £10m and claiming he had no assets.
Former mining tycoon Graham Gillespie was filmed at Gleneagles Hotel, Perthshire, driving a new Bentley with the £180,000 GG1 private registration plate that was being sought when he declared bankruptcy, the Daily Record reports.
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