Friday, April 19, 2024

Guilty plea in SFO property investment case

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The Serious Fraud Office alleged four people deceived banks into providing them with loans.

A Flat Bush property investor charged with fraudulently obtaining millions of dollars in home loans has pleaded guilty at the Auckland District Court.

The Serious Fraud Office alleged Viki Cotter (55) and three others deceived banks into providing them with loans for the purchase of residential properties in Auckland.

Cotter entered guilty pleas to four charges of obtaining by deception at Auckland District Court on July 8. She will reappear for sentencing on October 12.

The remaining defendants – Bryan Martin (53), Sian Grant (48) and Joshua Grant (51) – are next due to appear in court for trial on August 29. The trial has been set down for six weeks.

The New Zealand Companies Office lists the addresses of all defendants as Flat Bush.

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