September 22, 2005

Philip Green Has Company Identity Stolen

Fraudsters have hijacked the identity of a firm owned by billionaire businessman Philip Green. Crooks changed the registered address of a property company the BHS boss runs with his mother to order goods on credit and run up bills under an assumed identity. The ruse takes advantage of a flaw in the Companies House registration scheme.

It’s unclear how much crooks made through the scam, which only came to light last month after crooks attempted to swap the address back to its original location in a bid to avoid detection – The Register