15-year ban for ‘Ponzi scheme’ accountant

A DISGRACED Lancashire accountant who is already serving a six year prison term for running a Ponzi-style investment scheme, has been banned from acting as a company director for a maximum term.

Geoffrey William Langdale, 64, has been banned by the Insolvecy Service for obtaining more than £2.3m from clients.

Langdale traded as an accountant in the Lancashire area from 1993, and in 2003 Langdales Accountants Limited was incorporated to continue the work of Mr Langdale’s sole trader business.

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