Newcastle Crown Court was told that Lee Davis, of Blyth, Northumberland, 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, Davis received more than 33,000 in inheritance from his fathers estate. He 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 Davis records and uncovered that he had failed to declare all his assets, including the inheritance.
The Official Receiver established that months after his bankruptcy, Davis also obtained a 1,900 loan from a pawnbroker in Newcastle upon Tyne without disclosing tha…
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