Du Val investor had 'played around' investing before staking $150,000

A Du Val-branded scented candle is the only tangible reminder of one fund-holder’s $150,000 investment. (Image: BusinessDesk)

Garth Bray

Mon, 23 Dec 2024

An investor in the Du Val Mortgage Fund limited partnership (in statutory administration) now doubts she qualified as an eligible investor under the wholesale investment regime and regrets convincing a relative to certifying her before she committed a significant portion of her savings.“One hundred and fifty thousand dollars ... I could use that now,” Anita, an Auckland healthcare worker whose real name BusinessDesk has agreed to withhold, said.She shared her experience in an interview for The Du Val Story.Eligibility as a wholesale...

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