Serious Fraud Office investigates large-scale mortgage fraud in Auckland

Wed, 21 Oct 2015

By Tina Morrison Oct. 22 (BusinessDesk) - New Zealand's Serious Fraud Office is investigating large-scale mortgage fraud in the Auckland property market involving developers, company directors, property valuers and lawyers. "Auckland's property market and the scale of impending commercial developments represent a key environmental risk," the SFO said in its 2015 annual report released this week. "We have invested significant resources into investigating a large-scale mortgage fraud involving highly organised teams of property developers,...

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