GoogleThe boss of more than 400 firms has been banned from being a company director after playing a key role in a scheme designed to undermine the UK insolvency system.
Neville Taylor, 57, was paid by a corporate rescue firm to become the sole director of 12 companies which had ceased trading but not yet entered liquidation.
The Insolvency Service, a government agency, said that when the firms eventually entered liquidation, more than £7.6m in assets was unaccounted for.
Dave Magrath, director of investigation and enforcement services, said Taylor, from Kington, Herefordshire, accepted his role in “a scheme designed to…
