A Liverpool business owner undertook a “cynical, deliberate and prolonged effort” to hide account documents, a court has heard.
Lee Spencer, 42, of Kingsthorne Park, Hunts Cross, who was once associated with a group of property companies, was initially charged with six offences, but after a trial was only found guilty of two. He was found guilty of failing to preserve company accounting records, and misconduct in the course of winding up, by failing to deliver all books and papers belonging to the company to the liquidator.
Spencer was found not guilty of one count of failing to keep proper accounting records in accordance with S386 of the Companies Act, one count of being an officer making a gift or transfer of charge on a property in liquidation. He was also found not guilty of two counts of fraudulently removing property from a company before it was wound up.
