The Ministry of Business, Innovation and Employment (MBIE) is investigating multiple complaints made in relation to Gordon Paul Bayne.
The investigation is being spearheaded by MBIE's Integrity and Enforcement Team on behalf of the Official Assignee (OA).
Bayne, also known as Paul Bayne, has been adjudicated bankrupt four times with his most recent bankruptcy adjudication on February 4, 2016.
MBIE said it was an offence for an undischarged bankrupt to be involved in the management of business, without the consent of the OA or the Court.
The maximum penalty for failing to comply with this obligation is two years' imprisonment.