Scoop has an Ethical Paywall
Second Guilty Plea In $8.7 Million Mortgage Fraud Case
A second person has today pleaded guilty in an on-going $8.7 million mortgage fraud case brought by the Serious Fraud Office.
The SFO has brought charges against four people for allegedly deceiving banks into providing loans to buy Auckland residential property between August 2015 and October 2016. It is alleged the defendants deceived the banks by providing false employment information.
Sian Grant has today pleaded guilty in Auckland District Court to five charges of obtaining or attempting to obtain by deception bank loans of approximately $2.7 million. She will reappear for sentencing on 12 October.
Mrs Grant is the second person to plead guilty in the case, following a guilty plea by Viki Cotter on 8 July.
The remaining defendants, Bryan Martin and Joshua Grant, are next due to appear in court for trial on 29 August.
Bill Bennett: Fixed Voice Rules Head For Deregulation
UN Department of Global Communications: United Nations Proposes New Global Dashboard To Measure Progress Beyond GDP
Banking Ombudsman Scheme: Fraud Check Delays Well Worth The Inconvenience, Says Banking Ombudsman
Asia Pacific AML: NZ’s Financial Crime Gap - Beyond The 'Number 8 Wire' Mentality
Westpac New Zealand: Kiwi Households Adapting Despite Widespread Cost Pressure Concerns, Westpac Survey Shows
University of Auckland: Kids’ Screen Use Linked To Long-Term Deficits In Self-Control And Attention
