Consulting firm put into receivership

Friday, October 1, 2004

BELLMAWR, N.J. - SecPro Services has been ordered into receivership by the Superior Court of New Jersey, and its assets will be put up for sale.

The court issued the order in mid-July to SecPro Services, and its subsidiary TempGuards, which were security consulting firms that also offered guard services. End users looking for guard services for special events or retail stores would hire TempGuards to find a security guard provider.

According to SecPro Services’ web site, which was active as of late August, the company provided security assessments and billed itself as a security director on an “as needed basis.”

According to Allen Etish, the court appointed receiver for SecPro Services, the company owes $1 million to creditors. He said the list of creditors includes numerous guard companies throughout the United States that were hired by SecPro Services to provide security detail for its clients.

Etish said the company was brought into receivership after Total Protection Security and Colonial Security Services both filed lawsuits, claiming they were owed money.

The lawyer representing Total Protection Security and Colonial Security did not return phone calls by press time.

Etish said SecPro Services’ assets will be sold to raise money to pay creditors. He said he will also work to collect money owed to SecPro Services.

At the time it entered into receivership, SecPro Services employed approximately 12 people. The company was owned by Chuck Fisher, who could not be reached for comment.