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29-11-2013

No name suppression for investor

Landlords.co.nz

A Queenstown property investor facing fraud charges will appear in court again on December 2.

Kerry Christian had sought name suppression but dropped the application.

He has been the director or shareholder of 24 companies, 19 of which have now been struck off.

One of the companies, NZ USA Property Turnkey Solutions said it aimed to assist individuals wanting to invest in US property.

It connected Kiwi investors with foreclosure properties in the United States that it claimed offer safe cash flow.

Three companies are being removed from the Register of Companies and one is overdue in its obligation to file an annual return.

Christian is charged with:

  • unlawfully causing a loss of $US25,000 to Lindsay Richards by deliberately overstating the purchase price of a property in Arizona, US, between July 30 and October 16, 201
  • receiving $US24,500 by failing to account to Lindsay Richards, at Tauranga on October 16, 2012; on or about July 10, 2012 at Whangarei dishonestly using a US Property Turnkey Solutions LLC order form
  • receiving $US6343 by failing to account to Dirk Ziebert, on or about August 22 at Whangarei
  • dealing with $US7346 from Ziebert not in accordance with requirements, on or about March 6 at Whangarei
  • dishonestly using a US Property Turnkey Solutions LLC order form at Wellington, on or about September 20, 2012
  • on or about October 25, 2012 at Wellington misusing a settlement statement for a property in Memphis, US
  • on or about November 20, 2012 misusing a settlement statement for a second property in Memphis
  • two charges of making false declarations to notary public David Brent in Wanaka, on May 24 this year.

 

Tags: kerry christian

Source: Landlords.co.nz

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