Daryl Dylan, 38, has been disqualified as a company director for his role in a scheme involving unauthorized banking transactions worth £13.9 million. Dylan allowed unarranged overdrafts with Barclays Bank to be used for transfers totaling £1.6 million from two companies he directed, most to connected entities controlled by his half-brother Scott Dylan. The companies entered liquidation in 2022 after Barclays secured freezing orders and demanded repayment, which was not made. Dylan signed a disqualification undertaking on 17 July 2026, avoiding trial, with his seven-and-a-half year ban effective from 7 August 2026. This follows disqualifications of Scott Dylan, David Antrobus, and Jack Mason, who were previously sentenced to prison for breaching freezing orders. The Insolvency Service emphasized directors must act with reasonable care, skill, and diligence.
© Crown copyright, 2024, GOV.UK.
Summary adapted from content licensed under the Open Government Licence v3.0.
For details, see https://www.nationalarchives.gov.uk/doc/open-government-licence/version/3/.
Original source: https://www.gov.uk/
Made by AI. If you spot anything of concern write us at contact@cybach.com. We’ll promptly correct irregularities.