Simon Turnbull has been arrested at the border and since pleaded guilty to a nearly $50 million mortgage fraud.
The ring leader of a $9.2m mortgage fraud scheme has today been sentenced to five years imprisonment.
An Auckland woman and six other participants in a fraudulent scheme involving 11 properties in the city and totalling about $9.2 million, have been found guilty.
Serious Fraud Office director Julie Read says the charges serve as a warning to banks and property owners alike
Commission for Financial Capability said tactics ranged from emails, letters and phone calls to face-to-face meetings
NZ dollar dips below 69 US cents as risk appetite, commodity prices fall
Almost half of New Zealand businesses do not have cyber insurance in place, report states