The registration of a limited company is a very simple process in the UK, costing just 12 quid for all.
It is every fraudsters dream, as you only need basic information like your full name and office address - things that are easy to fake, reports the Mirror. The result of this is that thousands of fake companies are formed, on what one expert calls a "scandal of epic proportions".
One street in the UK that has been hit the hardest by this epidemic is Ashmore Close in Peckham, South-East London. Holger Sell, who lives on this street, has had a whopping 20 companies registered at his home since May this year.
