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Monday, 12 December 2011

Bankrupt director sentenced to 16 months

Paul David Henstone,  has been sentenced to 16 months in prison as he was acting as a director while bankrupt and committing fraud by getting an employee to be registered as a director without their knowledge.  He then used this employees details to obtain credit from suppliers.

Mr Henstone has also been disqualified from acting as a company director for five years by The Insolvency Service and the Department for Business Innovation and Skills.
When he became a bankrupt the first time he controlled a company called Blackdown Construction ltd from which he did not resign as required by law.  Then Mr Henstone registered a new company, Roc Construction and Roofing Ltd (Roc) where he committed the fraud in order to hide his control of the company.  Roc was wound up on 30 September 2008 owing £15,000.

Deputy Chief Investigation Officer Glen Wicks from the Department for Business Innovation and Skills said:-  "This man is a serial cowboy builder who for many years has created mayhem throughout the West Midlands and devastated the lives of many people.  People who commit these types of offences need to know that BIS, the Insolvency Service and the courts will crack down on them severely.

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