Kapiti broker in court over fraud
Alleged Kapiti loan scammer Kerry Buddle appeared in court this morning on fraud charges.
The alleged scams relate to the former mortgage broker persuading clients to lend her money after they had mortgaged their properties.
Five people have said they had to sell their homes because Buddle did not repay their money.
Buddle, 32, was arrested on Friday and appeared in Porirua District Court this morning, facing 10 charges of obtaining by deception.
Each charge carries a jail term of up to seven years, if proven. She was remanded on bail without plea until September 25.
Outside court, Paraparaumu woman Jenny Twist, who allegedly lost $30,000, promised to make it to every court appearance.
Paraparaumu woman Mary Halvorsen lost her house due to an alleged scam.
"It's wonderful to see the action being taken,'' she said.
"I will be here until the end. I'm not going to get my money again. I just want to make sure she doesn't do this again.''
In May last year, The Dominion Post revealed that police had launched an investigation into Buddle.
Buddle owned Get Smart Mortgages and Insurances and had operated under a broker agreement with Kiwi Mortgage Market. She closed her office in December 2010 after coming under investigation from lenders and the insurance company she used.
Kiwi Mortgage Market spokesman Brian Greer said last year that the company was no longer associated with Buddle.
The Dominion Post