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Katie Price faces bankruptcy extension after she’s reported for lavish spending

Celebs

Katie Price faces bankruptcy extension after she's reported for lavish spending

EXCLUSIVE: Former glamour model Katie Price is due to hold a Zoom meeting about the bankruptcy from the Maldives - where she is on holiday

'Hard-up' Katie Price is being probed over concerns she is splashing out on expensive jaunts and luxury goods, rather than paying off her debts.

The former glamour model has jetted off on six trips since being personally declared bankrupt last November.

The mum-of-five is even due to hold a Zoom meeting about the bankruptcy from the Maldives - where she is on holiday.

Liquidators for Jordan Trading Limited, her failed firm which amassed debts of £267,769, now fear she is a financial risk to her creditors.

Official documents for the firm said: “The liquidators confirm they have submitted a report on the conduct of the directors of the company to the Department for Business, Energy and Industrial Strategy.”

Government officials are thought to have written to Price to confirm they were probing her affairs.

Ms Price, 42, was due to be discharged from her bankruptcy in November, and until then is supposed to pay any money she makes from selling her belongings or from paid work to her creditors.

Officials can extend her bankruptcy to recover assets and could ban her from becoming a company director for 15 years.

Since November, Ms Price has been to Thailand, Spain, skiied in France, been on a luxury holiday to Turkey and on a cabin getaway with boyfriend Carl Woods, 31.

In July she told a bankruptcy hearing of her financial woes.

Ms Price said: “I haven’t got anything left, everything has been stolen off me.”

She said she had been burgled, can’t get insurance, had a “bad breakdown” last year and spent five weeks at the Priory.

Her representative said yesterday: “Katie has been fully compliant throughout the bankruptcy process.”

A source close to the star said the bankruptcy proceedings were unrelated to the dissolving of Jordan Trading Limited.