Tech titan Peter Conlon has been banned from acting as a company director for 16 years due to fraudulent trading at his online fundraising platform Ammado. The High Court imposed the record ban on the former millionaire who recently admitted personal liability for €2 million of the company’s debts. Under S610 of the Companies Act 2014, he accepted he was “knowingly a party to the carrying on of any business of the company with intent to defraud creditors”. In imposing the disqualification today, Justice Mark Sanfey said “It is difficult to conceive of a more egregious and reprehensible fraud than…
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