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DB Not jealous at all. Unlike them, I understood the risks. There is no such thing as a "nominee director". They are still on the hook today for activities of companies that they are blissfully unaware of. The knock on the door could come at any time. Unfortunately a defence of "but I was only a nominee" will get them nowhere. Back in those days they were charging £200 per company per annum. Although it was known as The Sark Lark it was no "lark" at all. It was an out and out sham and the GFSC were absolutely right to close it down in Sark. As Panorama showed, it simply drove these idiots to poorly regulated jurisdictions elsewhere.
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