Glenn Armstrong gave false and misleading information to obtain £273,000 from four individuals after a creditor applied to make him bankrupt in April 2018.

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He was handed a BRO lasting 12 years at the High Court on Thursday 7th March after investigations by the Insolvency Service. 

The 64-year-old was previously subject to an 18-month interim BRO secured in August 2022 which imposed restrictions until the court made a final decision on the case. 

Joe Sullivan, official receiver at the Insolvency Service, said: “Glenn Armstrong’s conduct in misleading investors was unacceptable and we are pleased to have secured stringent bankruptcy restrictions against him. 

“The 12-year BRO which follows on from an interim 18-month BRO reflects the seriousness of the case and misconduct identified by the Insolvency Service. 

“We will not hesitate to take robust action when financial wrongdoing is uncovered.”