Lee Davis (55), of Blyth, Northumberland, appeared at Newcastle Crown Court on Friday (11 December) before Judge Prince where he was sentenced to six months imprisonment suspended for 12 months.
The court heard that Lee Davis was declared bankrupt in April 2016 following a petition by the tax authorities having failed to pay taxes he owed.
A month before bankruptcy, however, Lee Davis received more than 33,000 in inheritance from his fathers estate. Lee Davis then transferred half of the funds to his wife and paid other creditors he owed, without repaying the tax authorities.
The offence came to light when the Official Receiver examined Lee Davis records and uncovered that he had failed to declare all his assets, including the inhe…
Read the full article at: https://www.miragenews.com/bankrupt-sentenced-for-hiding-inheritance-from-trustee/