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Tough Penalty For Andrew Tate

Wednesday May 22,2013 : TOUGH PENALTY FOR ONLINE GAMBLING DIRECTOR
 
Glazing company director with a taste for online gambling banned from directing firms until 2019
 
Andrew Tate, the sole director of a Leeds, UK glazing company that has since gone into liquidation, has been hit with a tough penalty as a result of his obsession with online gambling; he may not manage or in any way control a company until May 2019 following a disqualification order by the UK Insolvency Service.
 
Tate admitted delving into the coffers of Tate Windows Limited to meet personal expenses that included a predilection for online gambling, and for failing to keep proper accounting records.
 
In June 2011 Tate Windows entered liquidation owing creditors GBP 100,542. The Insolvency Service investigation found that, between 1 May 2009 and 31 October 2010, Tate had withdrawn money from his company for personal use and made payments from Tate Windows' bank account to gambling websites, all at a time when Tate Windows was failing to make payments to its outstanding creditors.
 
This resulted in Tate running up a debt to Tate Windows of at least GBP 85,949, which he was unable to repay.
 
In addition, Tate failed to make available Tate Windows' accounting records for the last eight months of trading which meant investigators could not verify aspects of the company’s trading or to establish the company’s financial position at liquidation.
 
Tate has signed a disqualification undertaking agreeing not to manage or in any way control a company until May 2019.
 
Claire Entwistle, lead investigator of investigation and enforcement services division of The Insolvency Service, said: "The Insolvency Service will rigorously pursue company directors who seek to benefit themselves ahead of their creditors. Fair treatment of creditors is essential for business confidence which is, in turn, essential for economic growth."



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NBA odds on Thunder vs. Pacers Game? - This Wednesday night in Indianapolis, Paul George is due to play his first game at the Fieldhouse as a member of the Oklahoma City Thunder (12-13 SU, 8-17 ATS). But George might not face the Indiana Pacers (15-11 SU, 16-10 ATS); he’s listed as day-to-day with a right calf contusion. Tip-off is at 7 PM ET on ESPN.

2 New Christmas Slots For Microgaming - Microgaming’s jolly game additions this December. Microgaming adds two more games to kick off the festive season, in addition to its action-packed Highlander online slot.

SportsBetting Supreme Court Showdown - Sports Law, Betting and Integrity leaders convene to preview Supreme Court Showdown. Thought leaders weigh in on Christie vs. NCAA (which in January will shift to Murphy vs. NCAA)

Mega Moolah Progressive Slot Pays Again - On 15 November 2017, the Mega Moolah jackpot was won by a Grand Mondial Casino player. They took home €938,306.35.

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NBA Odds: Heat Can Burn Cavaliers in Cleveland - The Cleveland Cavaliers (12-7 SU, 6-12-1 ATS) may have turned their season around, but they’ve got a challenging matchup this Tuesday against the Miami Heat (9-9 SU, 7-9-2 ATS), tipping off at 7 PM ET on NBA-TV. Miami is 7-4 SU and 6-5 ATS against the Cavs since LeBron James went back to Cleveland in 2014.

Games Concept Day in Malta - The Quickfire Games Concept Day is the second full-day workshop to date, the first being held in Gibraltar in July.

AFC’s fight against match-fixing - The Asian Football Confederation (AFC) has introduced a new AFC integrity mobile application, which will enable fans, players and officials to report possible suspicious activities or provide information concerning match-fixing or corruption to the AFC Integrity Unit.

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