Case details for DAVID ANDREW MARSDEN

Name: DAVID ANDREW MARSDEN

Name: FIRST CAPITAL FACTORS LIMITED

Date of Birth: 15 / 7 / 1954

Date Order Starts: 9 / 10 / 2018

Disqualification Length: 10 Years 0 Month(s)

CRO Number: 07011294

Last Known Address: Cleave Farm, Whitestone, , , Exeter, EX4 2HU

Conduct: David Andrew Marsden (“Mr Marsden”), while an appointed director of First Capital Factors Limited (“FCF”), acted in collusion with certain client entities to defraud a Back to Back Receivables Finance provider. The fraud was principally conducted by instructing the colluding FCF clients to raise invoices which could be notified to the Back to Back Receivables Finance provider and against which an advance could be requested. As a result, FCF had access to funds in the sum of at least £4,281,000 to which it was not entitled, which can be attributed to funds advanced against the false invoices raised under the direction of Mr Marsden. 

This information is correct as at 25 / 9 / 2018



If you believe this page contains any errors, please email civil.proceedings.team@insolvency.gsi.gov.uk with details of the error that you have found.