An insolvency manager who worked for the Insolvency Service, the government agency, has been reported to the police for allegedly stealing £126,000. The Insolvency Service, which administers the insolvency regime in England and Wales, confirmed to Credit Today “internal incidents” involving the alleged theft by an employee of £126,444 from insolvent estates. This resulted in “fruitless payments,” the service claimed, of £155,343 to compensate for the estate account losses.
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