It's so exceptional in the UK you can run a series of fraudulent businesses which are incorporated, "buy" services, don't pay for them, then declare themselves insolvent, rinse and repeat, and there's a fair chance you'll get away with it.
It's called phoenixing. There are good few bans for it every year, but almost no convictions for fraud.
alt Hacker News
It's so exceptional in the UK you can run a series of fraudulent businesses which are incorporated, "buy" services, don't pay for them, then declare themselves insolvent, rinse and repeat, and there's a fair chance you'll get away with it.
It's called phoenixing. There are good few bans for it every year, but almost no convictions for fraud.