More allegations against former CCHL boss emerge

More allegations against former CCHL boss emerge
US investors allege Boyd induced them to make investments using fraudulent documentation. (Image: CCHL)
Oliver Lewis
More fraud allegations are emerging from former US business associates of Tim Boyd, the Australian entrepreneur who resigned two weeks ago as chief executive of Christchurch City Holdings (CCHL). Disgruntled investors who claim to have been left out of pocket by Boyd have provided documentation and legal letters to back up their allegations that he misled them into making investments using falsified documents. Last week, a BusinessDesk investigation into Boyd, who jumped to a salary near $400,000 at CCHL from his position as an IT pro...

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