The long-running saga of the The Accident Group (TAG) has finally come to a dramatic end after its disgraced boss, Mark Langford, was killed in a car crash on Monday.

Langford was the former chief executive of the no-win, no-fee compensation company, which famously told its employees via text that they were out of a job after it collapsed in 2003.

He died when his car careered off a motorway near the Spanish resort of Marbella.

His death marks an untimely end to an ongoing drama of bankruptcy hearings, customs' investigations and DTI action, after Langford fled to Spain when TAG folded with debts of £100m.

Revenue and Customs was pursuing him for an alleged £1.84m in unpaid tax, and the Department of Trade and Industry was chasing him in a bid to disqualify the notorious insurance figure as a company director.

In March, he failed to attend a bankruptcy hearing at London's Royal Courts of Justice leaving creditors, lawyers and the press to preside over matters after it was claimed he was suffering from "severe mental illness".

The hearing was due to resume on 1 May, but it now looks to have had its final adjournment on the shores of southern Spain.