Former mortgage broker convicted of fraud after forging documents to help poor families buy properties

Wed, 02 Sep 2015

By Joshua Riddiford Sept. 2 (BusinessDesk) - A former mortgage broker has been convicted of fraud in the Auckland District Court over a scheme where she sold properties to low income families for a profit, using forged documents to allow them to obtain home loans. Vicky Ravana Letele, a former director of Focus Property Investment, was found guilty on 10 charges under section 228 of the Crimes Act for dishonestly using a document. Letele was facing 11 charges relating to 11 property transactions undertaken during the second half of 2010 w...

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