Can't pay Information Commissioner's fine? No problem! Just liquidate your firm

Can't pay Information Commissioner's fine? No problem! Just liquidate your firm

6 years ago
Anonymous $CLwNLde341

https://www.theregister.co.uk/2018/05/25/millions_of_pounds_of_ico_fines_go_unpaid_as_directors_dissolve_firms/

The UK's data protection watchdog has recovered only about half the value of fines doled out to dodgy data controllers, and those handed to spam marketing firms are the most likely to remain unpaid.

According to figures released under the Freedom of Information Act, the Information Commissioner's Office has fined companies breaking data protection and marketing laws some £17.8m since 2010 – but just £9.7m has made its way into government coffers, a 54 per cent recovery rate.