Company Director fraud?

Discussion in 'Legal' started by Charles43, Sep 10, 2019.

  1. Charles43

    Charles43 UKBF Newcomer Free Member

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    Some years ago I was forced by a family member to sign something. They just demanded "sign this". This person had said so threateningly and they had been violent to me in the past so I did not question. Years later my name is now on Company House as a Company Director along with others that are just for show. I don't even know what company directing is. Is this fraud? Or my own fault for signing something?
     
    Posted: Sep 10, 2019 By: Charles43 Member since: Sep 10, 2019
    #1
  2. Newchodge

    Newchodge UKBF Big Shot Free Member

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    It's your own fault. Write to the company concerned stating that you have never acted as a director, that you were not aware that you were a director and that you are resigning as a director with immediate effect.

    Copy thta letter to Companies House
     
    Posted: Sep 10, 2019 By: Newchodge Member since: Nov 8, 2012
    #2
  3. Charles43

    Charles43 UKBF Newcomer Free Member

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    Thanks. I was replaced as Director a long time ago. I didn't have a choice to sign that. Oh well
     
    Posted: Sep 10, 2019 By: Charles43 Member since: Sep 10, 2019
    #3
  4. Newchodge

    Newchodge UKBF Big Shot Free Member

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    ARe you still shown as a director at Companies House, or are you shown as having resigned?
     
    Posted: Sep 10, 2019 By: Newchodge Member since: Nov 8, 2012
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  5. Charles43

    Charles43 UKBF Newcomer Free Member

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    I show as resigned
     
    Posted: Sep 10, 2019 By: Charles43 Member since: Sep 10, 2019
    #5
  6. Mark T Jones

    Mark T Jones UKBF Big Shot Full Member

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    Then leave it and move on.

    On the very remote chance that there is some kind of investigation you can use the circumstances as mitigation.
     
    Posted: Sep 10, 2019 By: Mark T Jones Member since: Nov 4, 2015
    #6
  7. Mr D

    Mr D UKBF Legend Free Member

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    Next time do not sign stuff you have not read.
    Being a director without knowing can get you into plenty of trouble.
     
    Posted: Sep 10, 2019 By: Mr D Member since: Feb 12, 2017
    #7
  8. Charles43

    Charles43 UKBF Newcomer Free Member

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    Can I ask why a person would have needed me to be a nonexistent Company Director? What purpose would I have served?
     
    Posted: Sep 10, 2019 By: Charles43 Member since: Sep 10, 2019
    #8
  9. SteLacca

    SteLacca UKBF Ace Free Member

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    To hide the "true" directors from the public eye.
     
    Posted: Sep 10, 2019 By: SteLacca Member since: Jun 16, 2016
    #9
  10. Mr D

    Mr D UKBF Legend Free Member

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    So they could run a business with you to take the blame if anything went wrong. Sometimes people are themselves banned from being a director but can get someone else to agree to do the role for a while.

    Or have intention of crashing a bunch of businesses but don't want people to be able to track back to them. The trail would point to the director. You.

    In this case it appears nothing has gone wrong. If the company had been involved in shady stuff or fraud was committed then some hard questions would have been asked of you.
     
    Posted: Sep 10, 2019 By: Mr D Member since: Feb 12, 2017
    #10
  11. Charles43

    Charles43 UKBF Newcomer Free Member

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    So it was entirely illegitimate? The record of the company shows multiple relatives appointed as directors, even their own partner (who only had 1 job in their life as a lollipop lady)

    So the person doing this for not have the best of intentions to say the least. Right?
     
    Posted: Sep 10, 2019 By: Charles43 Member since: Sep 10, 2019
    #11
  12. Mr D

    Mr D UKBF Legend Free Member

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    Not necessarily illegitimate.

    You being forced to sign was a problem. You don't know if anyone else was - and people can volunteer to be directors.

    Lollipop lady? Nothing wrong with that.
    No requirements about previous jobs in order to be a director. For a few quid you can set up your own company and be a director easily.
     
    Posted: Sep 10, 2019 By: Mr D Member since: Feb 12, 2017
    #12
  13. Newchodge

    Newchodge UKBF Big Shot Free Member

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    No one here can have the slightest idea. Perhaps they were being altruistic and intending to set up a company to benefit multiple relatives by appointing them as directors. Who can know, and why does it matter? If you could explain what your issue is, you might get more help.
     
    Posted: Sep 10, 2019 By: Newchodge Member since: Nov 8, 2012
    #13
  14. Charles43

    Charles43 UKBF Newcomer Free Member

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    As stated before: I was threatened to sign something I had no idea about. Are there any lasting legal consequences for this? Why couldn't the person forcing me to do it have done themselves? Why would someone be banned from directing their own company if that was the case?
     
    Posted: Sep 10, 2019 By: Charles43 Member since: Sep 10, 2019
    #14
  15. Newchodge

    Newchodge UKBF Big Shot Free Member

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    No idea. Why not ask them.
     
    Posted: Sep 10, 2019 By: Newchodge Member since: Nov 8, 2012
    #15
  16. Mr D

    Mr D UKBF Legend Free Member

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    Can be multiple reasons why someone banned from being a director. Including having been bankrupt recently which you can appreciate isn't a criminal act. They can also be choosing not to be identified as a director.

    Lasting legal consequences? Unknown - if someone investigates the company for the time period you were listed as director you would be questioned. Directors do have responsibilities.
     
    Posted: Sep 10, 2019 By: Mr D Member since: Feb 12, 2017
    #16
  17. thevaliant

    thevaliant UKBF Regular Free Member

    100 25
    We cannot help you. Your first and (almost) ONLY avenue of enquiry is with the person who made you sign a document. For all we know, you didn't sign an appointment of director form, but signed a personal guarantee document and said individual appointed you a director forging the form.

    Go back to Companies House and look at the tab called 'Filing History'. Go through all the forms that say 'Appointment of Director' and download them. Is that the form you signed? If so, all well and good, you can and probably should move on.

    If it's not.... I would go back to said individual and demand to know what was signed.

    Unless you're willing to reveal the company name and number on here, we can't help at all (and even then, we can barely help).
     
    Posted: Sep 10, 2019 By: thevaliant Member since: Dec 9, 2008
    #17
  18. Charles43

    Charles43 UKBF Newcomer Free Member

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    Thanks, I appreciate this is not an easy or a straightforward question, I appreciate the advice you have all shown
     
    Posted: Sep 10, 2019 By: Charles43 Member since: Sep 10, 2019
    #18
  19. HFE Signs

    HFE Signs UKBF Ace Full Member

    1,098 149
    Did they make a profit during the time you were a Director? If so ask for your dividends :)
     
    Posted: Sep 10, 2019 By: HFE Signs Member since: Feb 17, 2011
    #19
  20. SteLacca

    SteLacca UKBF Ace Free Member

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    On what basis? Dividends are only paid to shareholders, not directors.
     
    Posted: Sep 10, 2019 By: SteLacca Member since: Jun 16, 2016
    #20