A disgraced former horse trainer gambled more than $2 million before filing for bankruptcy and collecting almost $10,000 in Government-backed wage subsidies.
Today, former harness trainer Mitchell Paul Kerr was sentenced in Christchurch District Court after his conviction for providing misleading statements and hiding crucial information from the Official Assignee of New Zealand when he applied for self-adjudicated bankruptcy.
He was sentenced to five months of home detention.
The Official Assignee, also known as the Insolvency and Trustee Service, is a business unit of the Ministry of Business, Innovation and Employment (MBIE). It administers bankruptcies and liquidations by collecting and selling assets to repay creditors.
Kerr had c…
Read the full article at: https://www.odt.co.nz/star-news/star-sport/star-racing/disgraced-horse-trainer-gambled-2m-bankruptcy