Mortgages

Guilty plea in mortgage fraud case

One of four property investors accused of deceiving banks and fraudulently obtaining millions of dollars in home loans has pleaded guilty.

Monday, July 11th 2022

Fifty five-year-old Viki Cotter admitted four charges brought by the Serious Fraud Office of obtaining by deception in relation to duping banks into providing her with loans to buy residential properties.

She will appear again in the Auckland District Court on 12 October for sentencing.

In 2019 she was charged alongside Bryan Martin, Sian and Joshua Grant on a raft of charges. Martin is facing 10 counts of obtaining by deception and four charges of attempted obtaining by deception and the Grants each face four charges of obtaining by deception and one charge of attempted obtaining by deception.

They are next due to appear in court for trial on 29 August.

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