Barry Hughes owed £10m when he declared himself bankrupt
Criminals and dishonest debtors are exploiting weaknesses in the bankruptcy system to keep hold of their assets and wealth, a BBC investigation has revealed.
The BBC team found former millionaires enjoying lavish lifestyles, seemingly untouched by insolvency.
Convicted fraudster Barry Hughes, who declared himself bankrupt in 2014 owing £10m and claiming he had no assets, was seen along with his wife driving a line of luxury cars worth £500,000.
…
Read the full article at: http://www.bbc.com/news/uk-scotland-42597623
