The founder of Liverpool property group Signature has been banned as a company director after investors lost more than £4.8 million through a linked company that distributed false and misleading marketing material.
Businessman Lawrence Kenwright – once linked with a run for Mayor of Liverpool – has been the director of almost 100 companies, including more than 60 under the Signature brand alone, with the group behind the creation of the Shankly and Dixie Dean hotels in Liverpool.
He was also director of Signature Works Gold Limited, which sold desk space to investors in three Liverpool city centre properties.
The 60-year-old allowed Signature Works Gold Limited to distribute promotional material containing false and misleading…