SFO deception charges for investors

Friday 22 November 2019

Four Auckland property investors have been charged with fraudulently obtaining millions of dollars in home loans.

By The Landlord

The Serious Fraud Office (SFO) alleges that Bryan Martin (53), Viki Cotter (55), Sian Grant (48) and Joshua Grant (51) deceived banks into providing them with loans for the purchase of residential properties mostly located in Auckland.

Martin faces 10 charges of “obtaining by deception” and four charges of “attempted obtaining by deception”.

Cotter faces four charges of “obtaining by deception” and three charges of “attempted obtaining by deception”.

Sian and Joshua Grant each face four charges of “obtaining by deception” and one charge of “attempted obtaining by deception”.

The SFO says the four defendants have pleaded not guilty to the charges.

They have been remanded on bail to reappear in the Auckland District Court on 18 February.

Comments from our readers

No comments yet

Sign In / Register to add your comment

House Prices

A decade of property price growth

Recent years have seen some spectacular house price growth around New Zealand but just how much have asking prices gone up in different markets over the last 10 years?

Commercial

Looking outside the box

The property market is heating up again – and that means more competition for good deals – but there are still options out there for keen property investors.

Mortgages

Putting the RBNZ's new capital rules into perspective

There's been a lot written about the Reserve Bank's new capital rules for banks and some of it seems to miss the mark. Here's Tarawera Publishing managing director, Philip Macalister's, take after hearing from the governor yesterday.

Site by PHP Developer