4 years ago, my company got taken for £48,000.
By a sole trader.
Safe you'd think.
We can go after him.
Company turned over about £500,000.
Had no assets whatsoever. He rented his big house and everything in it. Cars were leased. He declared himself personally bankrupt.
We lost the lot. Absolutely no recourse whatsoever.
4 months later, he's out trading again. "working" for his daughters company. Who has no idea about the industry whatsoever.
If someone is a lieing, cheating thief, then they will do whatever it takes to legally steal from you.
And then try to shake your hand.. I kid you not......
By a sole trader.
Safe you'd think.
We can go after him.
Company turned over about £500,000.
Had no assets whatsoever. He rented his big house and everything in it. Cars were leased. He declared himself personally bankrupt.
We lost the lot. Absolutely no recourse whatsoever.
4 months later, he's out trading again. "working" for his daughters company. Who has no idea about the industry whatsoever.
If someone is a lieing, cheating thief, then they will do whatever it takes to legally steal from you.
And then try to shake your hand.. I kid you not......