A seven-time bankrupt has been sentenced to over two years in jail after pleading guilty to more than a dozen bankruptcy offences in the District Court of Western Australia.
John Derek Overton, formerly known as John Derek Elvey, from Western Australia, has been sentenced to imprisonment after being convicted of 17 charges relating to bankruptcy.
Mr Overton was investigated after he submitted a Statement of Affairs to the Australian Financial Security Authority (AFSA) and declared bankruptcy for the seventh time in February 2016.
His Statement of Affairs was later found to be fraudulent with false declarations regarding his relationship status, income, creditors, including a failure to declare several of his previous bankruptcies, AFS…
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