http://www.actionfraud.police.uk/fra...-related-fraud
Interesting Reading
"[h=1]Insolvency-related fraud[/h]
Fraud relating to bankruptcy and insolvency can involve companies fraudulently trading immediately before being declared insolvent, or phoenix companies.
Phoenix companies are when, following the insolvency of one company, a new company is set up overnight with the same directors, but is not liable to pay for the losses of the previous business because they seem to be different entities."