The Insolvency service reported the case of Robert Hiom last week - see article and links below.  Clearly it is appropriate that he was made bankrupt (although he made himself bankrupt) and that he should be subject to a long restriction.  However, I must ask whether we go far enough in this country and whether, given the same circumstances, he would be subject to a custodial sentence.  Compare this case to some of the instances of Ponzi Schemes reported in the US, see (with thanks to Kathy Phelps) which reports numerous instances of jail sentences for White Collar criminals.