For his role in a fraudulent scheme, a lawyer has been sentenced to 10 months home detention by the Auckland High Court.
Earlier this month, lawyer Timothy Upton Slack pleaded guilty
to a serious fraud charge relating to a development project in Auckland.
The 55-year-old man is said to be part of a group that made false statements to obtain a credit facility from ANZ Bank New Zealand. The facility, which is alleged to be about $40m, allowed a company to develop an apartment hotel in the city.
The three other defendants – property developer Leonard John Ross, company director Michael James Wehipeihana, and self-employed consultant Vaughn Stephen Foster – will be tried in court on 5 June next year.
All four entered not guilty pleas
late last year.
Lawyer pleads guilty to fraud charge
Lawyer pleads not guilty in fraud case