Open Door

Bankrupt to be told how much he must pay back

0 Comments | Lynn News/Norfolk Citizen (King’s Lynn, England), May 6, 2010

An application under the Proceeds of Crime Act 2002 against 47-year-old Steven Galvin, of The Grange, Sculthorpe, was opened at the Norwich court on Tuesday.

Galvin was jailed for 33 months and 19 days in October last year after he had admitted four offences of running or forming businesses while an undischarged bankrupt and two of fraudulent trading.

The offences involved My Capital Credit Ltd, between June 2006 and May
2007; MPG Leisure, with shops in Fakenham, Hunstanton and Wells, from June 2007 to September 2008; MPG Chauffeur Hire Ltd in June 2007 and Uby Technology Ltd, between July and October 2008.

He also admitted defrauding creditors.

The court had been told that within a short time of release from prison for previous fraudulent offences, Galvin had set up various companies. One involved selling prepayment cards to people who normally have poor credit ratings. His
offences involved a total of A[pounds sterling]24,570.

On Tuesday, Jamie Sawyer, for the prosecution, said an order would be
drawn up by Monday for the court’s approval
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