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Woman loses appeal after being jailed for multi-million dollar property fraud stuff.co.nz - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from stuff.co.nz Daily Mail and Mail on Sunday newspapers.
The court heard the pair used documents with forged signatures to obtain various amounts of money for the development, including one sum of $10million, and using false invoices. In October, “greedy manager Peng Pian was sentenced to home detention for his part in the $4.1 million property fraud. The fraud related to the purchase of a Hobsonville property in which the trio are said to have conveyed a false impression to a couple of wealthy investors overseas, that they were part of an investment syndicate. A wealthy international businessman and his partner had applied to emigrate to New Zealand under the investor visa scheme, before the trio defrauded them. ....