creditor

Administrators will seek to wind the company up and try to recover as much money as possible for creditors.

They alleged Findley went so far as to file a fake creditor's claim in California, submit false loan documents in Tennessee, and publish a foreclosure sale notice in a local newspaper.

However, the company's latest accounts show limited activity, with more than £10,000 owed to creditors and just £1,000 in assets.

"We are only now finding out about the real extent of the problem at the same time as other creditors," it said.

Listed among creditors in Aspiration’s bankruptcy documents is Leonard, raising questions about whether his $28-million endorsement deal with the company skirted NBA salary cap rules.