A judge has branded a Tauranga businessman and undischarged bankrupt a "serial liar" - and jailed him for 15 months.
Raymond Anthony Andrews, 63, was yesterday sentenced on seven counts of controlling a business while bankrupt, plus two each of obtaining credit by deception and concealing property, namely two bank accounts.
Andrews was bankrupted in 2008 after a creditors' petition. He had been director of four failed companies, one of which was laser hair removal company IMG MedPro, before his bankruptcy.
An undischarged bankrupt cannot engage any business management or control or obtain credit without the the Official Assignee's permission.
But between 2008 and 2011, Andrews defied the Official Assignee's instructions and engaged in similar business activities after misrepresenting himself to business owners in the industry he had previously worked in.