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Failed Canterbury businessman Paul Encell a convicted fraudster

November 30, 2015 by SPCS Leave a Comment

A Canterbury businessman whose failed company ruined a man’s barn home dream is a fraudster with a queue of angry creditors. MYLES HUME delves into his past. 

Paul Encell has a lot of people on his back.

The Canterbury businessman has been thrown out by his partner and his company, Encell Group Ltd, faces police scrutiny after it folded almost a month ago.

Encell is in the spotlight after his project management company offered to build a barn-style home in Rolleston, south of Christchurch, with a Master Builder guarantee he was never qualified to give. Foundations were laid and framing stood before the company went bust. The homeowner, Barry Jones, says he is owed $225,000.

The company was liquidated on October 29, potentially owing creditors hundreds of thousands of dollars. Where the money went, only he knows. Inquiries by Stuff have uncovered Encell, a British national, has been convicted on fraud charges in New Zealand and in Britain.

Ernst and Young liquidator Rhys Cain met with Encell, 50, on November 20 to discuss the liquidation. Four days later Cain referred company documents to police to investigate, but could not disclose the allegation. Police said they were assessing the case.

For full story published on 30/11/2015 go to:

http://www.stuff.co.nz/business/74356983/failed-canterbury-businessman-paul-encell-a-convicted-fraudster

For earlier story see:

http://www.stuff.co.nz/business/73843314/Liquidated-project-management-company-offered-worthless-building-guarantee

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Filed Under: Crime, Other Tagged With: Encell Group Ltd, Paul Encell

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