Ex-director denies $185k fraud

By -
Add a comment

A former finance company director has denied fraudulently obtaining $185,000 from an elderly couple in Northland.

The man, who has name suppression, has pleaded not guilty to one charge of theft by person in a special relationship and a two-day judge-alone trial started in the Whangarei District Court yesterday.

The Crown indicated to Judge Greg Davis it did not wish to proceed with two charges of obtaining by deception which were earlier laid.

In court yesterday, one of the two complainants took the stand and said she and her husband lent $185,000 for the man to arrange the purchase of a property in Northland in 2007. However, she said they discovered no purchase had been made when the couple checked on the property and discovered it was put up for auction.

Defence lawyer Eric Forster asked the woman questions about the accounts she and her husband managed.

The defendant is expected to give evidence today.

For more articles from this region, go to

Get the news delivered straight to your inbox

Receive the day’s news, sport and entertainment in our daily email newsletter


Have your say

1200 characters left

By and large our readers' comments are respectful and courteous. We're sure you'll fit in well.
View commenting guidelines.

© Copyright 2016, NZME. Publishing Limited

Assembled by: (static) on production apcf05 at 25 Oct 2016 06:35:16 Processing Time: 424ms