Unfortunately we see things like this everyday; individuals banned from acting as Directors yet continuing to do so anyway, false accounting, fraudulent trading and siphoning company profits and assets for own personal gains.
A fraudster who ignored laws banning him from being a company director siphoned more than £6m from his business to fund a lavish lifestyle. Jonathan France's deception enabled him to buy three Aston Martins, two Ferraris, a Rolls Royce and a McLaren. He carried on running companies despite being banned over his role in the mismanagement of a scrap metal business which went into insolvency. France, 46, from Wakefield, was jailed at Leeds Crown Court for 10 years. Two other men, Jody Firth, 37, and Graham Schofield, 53, were also jailed for their part in the deception.