( July 16, 2025, 13:41 GMT | Official Statement) — MLex Summary: The UK’s Insolvency Service, which deals with bankruptcy issues, has put in place a new five-year enforcement strategy designed to tackle financial crime. The agency said today it would prosecute a wider range of offenses, increase enforcement against companies acting against the public interest, and recover proceeds of crime.
Statement follows….
Insolvency Guardian Media Centre
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Luxury print and packaging specialist, Dayfold, has officially appointed liquidators and will be wound up voluntarily.
A general meeting about the liquidation took place on July 7th with Alexander Kinninmonth and James Prior, both from FRP Advisory Trading based in Southampton, appointed as liquidators of the company for the purpose of the winding up.
The liquidation follows a series of recent changes at Dayfold that include managing director Del Simmons leaving the company and a number of employees being made redundant. The company has reportedly been impacted by rising costs, challenging market conditions, and a period of poor trading.
A new relationship with print and signage solutions provider, BCP Media Group, has also…
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July 16, 2025
Summary of the Gambling Debt Settlement
MGM China, the company behind major Macau properties like MGM Cotai and MGM Macau, has officially confirmed that actor Jacky Heung has fully repaid a gambling debt. This news comes after intense media focus on the actor’s financial issues related to gambling.
Background on Jacky Heung
Jacky Heung is the eldest son of…
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Bruno Mars Makes Cheeky Joke About Rumored $50 Million Gambling Debt MSN
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By Malik Yaseen
A man from our community recently lost ₹1.5 crore to an online betting game. That number may sound unreal, exaggerated even. But it isn’t.
What began for him as a harmless flutter, a few hundred rupees on a mobile app, slowly turned into a spiral of obsession, debt, and irreversible loss.
In the end, his savings vanished, his home was sold, and his family was left struggling to make sense of a life that had, quite suddenly, fallen apart.
He isn’t alone. And that is what makes this story so frightening.
Across Kashmir, a growing number of young people are being pulled into the high-speed world of online betting through games like Aviator, fantasy leagues,…
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Company behind manmade mountain of debris liquidated owing $2.9m Stuff
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PHOENIX – Over 352,000 Arizona residents are getting $429 million in medical debt relief through a state partnership with a national nonprofit organization, Gov. Katie Hobbs announced Wednesday.
The program benefits Arizonans who earn 400% or less of the federal poverty level and/or residents who have outstanding medical bills totaling at least 5% of their annual income.
Nonprofit group Undue Medical Debt is sending branded letters through the mail informing eligible recipients that some or all of their debt is being wiped out. There is no application process.
“By erasing debt for hundreds of thousands of people across our state, we are creating pathways to economic security and empowering…
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Gov. Hobbs talks debt relief, fire response, public education and more 12News
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Getty Images 
If you’ve been waiting for federal regulators to automatically wipe medical debt from your credit report, you might be waiting a while longer. This week, a federal court ruling struck down a Consumer Financial Protection Bureau (CFPB) rule that would have removed all medical debt from credit reports nationwide. The decision means millions of Americans will continue to see their credit scores dragged down by…
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IMF warns Ethiopia that reform momentum faces risks amid waning donor support Reuters
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$36 million in toll debt relief announced for thousands of Hampton Roads drivers 13newsnow.com
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