{"id":85437,"date":"2017-10-17T14:54:32","date_gmt":"2017-10-17T14:54:32","guid":{"rendered":"http:\/\/mostafa.openonline.co.uk\/?guid=5d6d769b73ed890a5e6a6d9ae8c4d23a"},"modified":"2017-10-17T14:54:32","modified_gmt":"2017-10-17T14:54:32","slug":"press-release-director-fakes-own-death-in-an-attempt-to-avoid-disqualification","status":"publish","type":"post","link":"https:\/\/mostafa.openonline.co.uk\/?p=85437","title":{"rendered":"Press release: Director fakes own death in an attempt to avoid disqualification"},"content":{"rendered":"<div class=\"govspeak\">\n<p>Bradley Trevor Silver, also known as Bradley Silva, has been disqualified from acting as a director for 14 years, beginning 2 November.<\/p>\n<p>In the days prior to the disqualification hearing, the Insolvency Service\u2019s lawyers were contacted by \u201cAdam Solomans\u201d, who claimed to be a friend of Silver\u2019s, informing them that Silver had committed suicide. However, \u201cAdam Solomans\u201d\u2019 name and signature both featured on a cheque paid into 24\/7 London\u2019s bank account which had bounced. In addition he appeared to have shared a mobile telephone number with Silver &#8211; who he insisted had died in a car crash &#8211; and he stopped responding to emails.<\/p>\n<p>In her Judgement, Registrar Derrett said that she did not accept that Mr Silver had died, and that, in all probability Mr Silver and Mr Solomans were one and the same.<\/p>\n<p>Silver was the sole director of 24\/7 London, a sham company wound up in the Public Interest by the Insolvency Service in September 2016. His company contacted various editing and production with forged documents claiming it had worked on contracts on a number of TV shows including Big Brother, Britain\u2019s Got Talent, X-Factor, and The Only Way is Essex.<\/p>\n<p>He also approached a number of banks and credit institutions seeking credit on the back of fictional accounts, and also using forged documents and invoices.<\/p>\n<p>Silver even filed fictitious accounts on behalf of 24\/7 London, claiming turnover of \u00a34.7 billion and assets of \u00a32.4 billion, stated to have been audited by Deloitte LLP. Insolvency Service investigators found that Deloitte LLP had not in fact audited the accounts, which in any event contained basic errors. This included presenting numbers in billions, as Silver had headed columns \u201c\u00a3\u2019000\u201d by accident, unwittingly inflating figures by a factor of 1,000.<\/p>\n<p>Commenting on the disqualification, Cheryl Lambert, Chief Investigator at the Insolvency Service, said:<\/p>\n<blockquote>\n<p class=\"last-child\">This is one of the more bizarre cases of dishonesty and misuse of Limited Liability I have ever come across.<\/p>\n<\/blockquote>\n<blockquote>\n<p class=\"last-child\">That Mr Silver appears to have tried to fake his own death through suicide in order to avoid disqualification is disgraceful. Directors should be aware that the Insolvency Service will not shy away from confronting dishonesty and removing these people from the marketplace.<\/p>\n<\/blockquote>\n<h2 id=\"notes-to-editors\">Notes to editors<\/h2>\n<p>Bradley Trevor Silver, (also known as Bradley Silva), date of birth, March 1968, was registered with Companies House as the sole director of 24\/7 London at all times. He was disqualified from acting as a director or being concerned in the promotion, formation or management of a company for a period of 14 years on 11 October 2017. The period of disqualification will commence on 2 November 2017.<\/p>\n<p>24\/7 London (GRP) Ltd (Company Registration No. 08225516) was incorporated on 24 September 2012.<\/p>\n<p>24\/7 London was wound up in the Public Interest pursuant to an order made on 6 September 2016 under section 124A of the Insolvency Act 1986, on the petition of the Secretary of State for Business Innovation and Skills (as was) and following an investigation by Company Investigations, part of the Insolvency Service.<\/p>\n<p>At the time of its liquidation, 24\/7 London\u2019s Registered Office address was Suite 157 Berkeley Square House, Berkeley Square, London W1J 6BD, being a virtual office facility provider.<\/p>\n<p>24\/7 London\u2019s only known debts in liquidation relate to a bank overdraft of \u00a315,705.<\/p>\n<p>Silver was also ordered to pay the Secretary of State\u2019s costs of \u00a36,721.74.<\/p>\n<p>A disqualification order has the effect that without specific permission of a court, a person with a disqualification cannot:<\/p>\n<ul>\n<li>act as a director of a company<\/li>\n<li>take part, directly or indirectly, in the promotion, formation or management of a company or limited liability partnership<\/li>\n<li>be a receiver of a company\u2019s property<\/li>\n<\/ul>\n<p>Persons subject to a disqualification order are bound by a <a href=\"https:\/\/www.gov.uk\/government\/publications\/corporate-insolvency-effect-of-a-disqualification-order\">range of other restrictions<\/a><\/p>\n<p>The Insolvency Service, an executive agency sponsored by the Department for Business, Energy and Industrial Strategy (BEIS), administers the insolvency regime, and aims to deliver and promote a range of investigation and enforcement activities both civil and criminal in nature, to support fair and open markets. We do this by effectively enforcing the statutory company and insolvency regimes, maintaining public confidence in those regimes and reducing the harm caused to victims of fraudulent activity and to the business community, including dealing with the disqualification of directors in corporate failures.<\/p>\n<p>BEIS\u2019 mission is to build a dynamic and competitive UK economy that works for all, in particular by creating the conditions for business success and promoting an open global economy. The Criminal Investigations and Prosecutions team contributes to this aim by taking action to deter fraud and to regulate the market. They investigate and prosecute a range of offences, primarily relating to personal or company insolvencies.<\/p>\n<p>The agency also authorises and regulates the insolvency profession, assesses and pays statutory entitlement to redundancy payments when an employer cannot or will not pay employees, provides banking and investment services for bankruptcy and liquidation estate funds and advises ministers and other government departments on insolvency law and practice.<\/p>\n<p>Further information about the work of the Insolvency Service, and how to complain about financial misconduct, is <a href=\"https:\/\/www.gov.uk\/government\/organisations\/insolvency-service\">available<\/a>.<\/p>\n<h2 id=\"contact-press-office\">Contact Press Office<\/h2>\n<div class=\"contact postal-address\" id=\"contact_2691\">\n<div class=\"content\">\n<h3>Press Office<\/h3>\n<div class=\"vcard contact-inner\">\n<p class=\"adr\">\n<span class=\"street-address\">The Insolvency Service<br \/>\n<br \/>\n<\/span><br \/>\n<span class=\"locality\">4 Abbey Orchard Street <\/span><br \/>\n<span class=\"region\">London<\/span><br \/>\n<span class=\"postal-code\">SW1P 2HT<\/span>\n<\/p>\n<div class=\"email-url-number\">\n<p class=\"email\">\n              <span class=\"type\">Email<\/span><br \/>\n              <a class=\"email\" href=\"mailto:press.office@insolvency.gsi.gov.uk\">press.office@insolvency.gsi.gov.uk<\/a>\n            <\/p>\n<p class=\"tel\">\n              <span class=\"type\">Media Manager<\/span><br \/>\n              020 7596 6187\n            <\/p>\n<\/p><\/div>\n<p class=\"comments\">This service is for journalists only. For any other queries, please contact the Insolvency Enquiry line on 0300 678 0015.<\/p>\n<p>For all media enquiries outside normal working hours, please contact the Department for Business, Energy and Industrial Strategy Press Office on 020 7215 1000.<\/p>\n<\/p><\/div>\n<\/p><\/div>\n<\/div>\n<p>You can also follow the Insolvency Service on:<\/p>\n<ul>\n<li><a rel=\"external\" href=\"http:\/\/www.twitter.com\/insolvencygovuk\">Twitter<\/a><\/li>\n<li><a rel=\"external\" href=\"https:\/\/www.linkedin.com\/company\/3226944?trk=tyah&amp;trkInfo=clickedVertical%3Acompany%2Cidx%3A2-2-5%2CtarId%3A1437038215788%2Ctas%3Ainsolvency%20service\">LinkedIn<\/a><\/li>\n<li><a rel=\"external\" href=\"https:\/\/www.youtube.com\/channel\/UCcLiLoFYKt6sLLafxk1AplQ\">YouTube<\/a><\/li>\n<\/ul>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Bradley Trevor Silver has been disqualified for 14 years for dishonest attempts to obtain credit made through a limited company.<\/p>\n","protected":false},"author":8,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[13],"tags":[],"_links":{"self":[{"href":"https:\/\/mostafa.openonline.co.uk\/index.php?rest_route=\/wp\/v2\/posts\/85437"}],"collection":[{"href":"https:\/\/mostafa.openonline.co.uk\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mostafa.openonline.co.uk\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/mostafa.openonline.co.uk\/index.php?rest_route=\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/mostafa.openonline.co.uk\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=85437"}],"version-history":[{"count":0,"href":"https:\/\/mostafa.openonline.co.uk\/index.php?rest_route=\/wp\/v2\/posts\/85437\/revisions"}],"wp:attachment":[{"href":"https:\/\/mostafa.openonline.co.uk\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=85437"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mostafa.openonline.co.uk\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=85437"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mostafa.openonline.co.uk\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=85437"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}