A court has shut down a council tax review firm run by ex-Calderdale businessman Jack Darrell Henry.
He used to run Halifax debt recovery firm OCM and owned Scarborough Football Club.
The High Court in Manchester has now wound-up Huddersfield-based Reband (UK) Ltd following a probe by Company Investigations of The Insolvency Service.
Henry, also known as Darrell Littlewood and Darrell Rewston, let down customers.
His company was found to have secured funds for just seven of the 1,167 householders it contracted with between August 2011 and February 2012 and they had paid upfront fees totalling £200,000.
The court heard the company flouted legislation and grossly misrepresented its ability to win refunds for householders across Yorkshire.
The investigation found the firm made unsolicited calls and visits in which it gave misleading and inaccurate information to induce householders to pay an upfront fee, typically £175.
The firm also failed to make VAT and PAYE Income Tax payments.
Henry, a banned company director, was given a suspended prison sentence in January after admitting 14 counts of misleading customers.