Joanna Seawright, 54, who lives in Dumfries, and Karen Mortimer, 67, who now lives in Tenerife, were instrumental in a scheme allowing struggling firms to wind up without facing massive liabilities.
Two sisters have been named as “key” players in an insolvency avoidance scheme which left creditors £67million in debt.
Joanna Seawright, 54, who lives in Dumfries, and Karen Mortimer, 67, who now lives in Tenerife, were instrumental in a scheme offering “company rescue services”, allowing struggling firms to wind up without facing massive liabilities.
The pair have now been banned from acting as directors for seven years each over their parts in the plot -…