Former National Finance boss Trevor Allan Ludlow has had nine months added to his prison sentence for misleading investors and making false financial statements.

Read the full article on line >>> NZ Herald – nzherald.co.nz

High-profile mortgage broker Sue Tierney has avoided the stigma of a conviction in the first major case brought against a director of a phoenix company.

Read the full article on line >>> stuff.co.nz

Paul Matthew Gregory pleaded guilty in the Hamilton District Court to two charges of accessing a computer system for dishonest purpose.

Read the full article on line >>> NZ Herald – nzherald.co.nz

The defence lawyer of Auckland property developer Malcolm Mayer, at the centre of an alleged $50m mortgage fraud, claimed the wrong man was on trial in the Auckland District Court today.

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A Rotorua mother-of-four is accused of being overpaid by almost $90,000 in benefits after she failed to inform Work and Income New Zealand that her circumstances had changed.

Margaret Heta is on trial at Rotorua District Court on eight counts relating to three types of benefit. She pleaded not guilty to three counts of wilful omission and five counts of using a document.

Read the full article on line >>> NZ Herald – nzherald.co.nz

Mark James Whelan (38), formerly of Auckland, operating as an MTF franchise, faces 25 individual charges and 41 joint charges under the Crimes Act of “obtaining by deception” loans worth $4.9 million. Six others also faced Crimes Act charges in the Auckland District Court yesterday.

Read the full article on line >>> Otago Daily Times – odt.co.nz

A prominent Tauranga businessman has been barred from leaving the country after being found guilty of fraud charges over the sale of his former floating restaurant, Kestrel at the Landing.

Michael Colosimo, was last year charged with fraud after an allegation he provided a forged set of financial documents …

Read the full article on line >>> NZ Herald – nzherald.co.nz

An undercover officer posed as a struggling debtor and was allegedly robbed by Hells Angels gang members in a police sting targeting unlawful debt collection.

Read the full article on line >>> NZ Herald – nzherald.co.nz

Police are investigating whether to lay charges against a Wellington property manager who appears to have left the country without paying all his landlord clients.

Kane Radovanovich is the sole director and shareholder of JERICHO RESIDENTIAL PROPERTY MANAGEMENT LIMITED, which hurriedly closed its doors in June.

Read the full article on line >>> The Press – press.co.nz

An alleged conman known as the “Phantom” appeared briefly in the Auckland District Court this morning after being extradited from Australia yesterday.

Auckland restaurateur Loizos Michaels, 44, appeared before Judge David McNaughton to begin facing 140 fraud charges totalling around $3 million, initially laid by the Serious Fraud Office.

Read the full article on line >>> stuff.co.nz