Where are these investors now?

[Davo36]

How can he stay in the US? Isn't he a NZ citizen? I thought it was pretty hard to move to the US?

[NovInvestor]

How can he stay in the US? Isn't he a NZ citizen? I thought it was pretty hard to move to the US?

Given time, and money, he will get his green card if he hasn't already.

[partya]

http://www.stuff.co.nz/motoring/7725...-cars-for-sale

Estimated sale price of $250,000 - $300,000. A big discount from the retail of $452,500! If it goes for $300,000 with the stated 349 km on the clock, that is $437 lost for every kilometre it has travelled. Makes for an expensive trip to the dairy!

[Perry]

Ferrari-Driving Property Hotshot Guilty Of Fraud
19/10/2012

A property developer who gained infamy as a Ferrari-driving 22-
year-old who attempted to evict pensioners from their homes has
pleaded guilty to fraud charges. Vuletic burst onto the Auckland
property scene in 2002 associating with well-known, and now
fallen, property developers David Henderson, Andrew Krukziener
and Nigel McKenna.

He again caught the public eye in 2006 when he attempted to evict
11 residents from pensioner flats in Orewa in order to redevelop the
properties. The Tenancy Tribunal ordered Vuletic to pay $12,000 to
each of the residents after it ruled he failed to complete reasonable
maintenance work and served illegal eviction notices.

[TheLiberalLeft]

Do NOT mess with the pensioners of Orewa or it'll be handbags and mobility scooters at dawn.

[Bluekiwi]

Nice to see a win for the little guy

wow this took off, not willing to read 30+ pages but back to the original topic:

Steve McKnight is pretty heavily focused in USA property and has started a managed fund to purchase USA commercial property
Rustica Lamb has set up a recruitment agency in Auckland

[Commercial Dan]

I always said that guy was a charlatan

Richmastery boss Phil Jones’ career isn’t what it was in the boom days up to 2008, and this month his ex-wife won a court order to claw back more than $500,000 from him….

http://www.propbd.co.nz/afa.asp?idWe...&SID=315958281

[partya]

http://www.stuff.co.nz/business/indu...ankruptcy-plan

[Davo36]

Lawyers confirmed the judge's understanding that Blackmore asked to be able to pay $100,000 towards his debts of more than $15 million, under some form of employment arrangement.

Lol. So he can pay like .6% of his debt if his creditors give him a job?

The cheek of it!

[Perry]

Hobson's Choice: half a cent in the dollar
or simply nothing if he's made bankrupt.

[partya]

I believe he made his initial money through buying thousands of personalised plates when they first came out. Seemingly it's all gone.

Bob Jones's 'Why developers always go broke' anyone?

[Wayne]

Hobson's Choice: half a cent in the dollar
or simply nothing if he's made bankrupt.

I would vote bankruptcy if he owed me money. By now I would have given the chance of getting my money back at zero anyway so why not make him suffer a bit as well.

[Perry]

SFO Charges Property Investor
08/11/2012

The Serious Fraud Office has laid six charges of dishonestly using
a document against Auckland property investor Glen Cooper who
allegedly falsified sale and purchase agreements to conceal his
interest in properties purchased through mortgagee sales which
were then onsold at an inflated price. The Aucklander also allegedly
prepared misleading loan application forms that were submitted
to banks.

The SFO investigation looked at six property transactions worth
approximately $834,700 between November 2010 through to
September 2011.

[Kerry Christian]

Glenn Cooper

Glenn has been known for years as a crook - I put notice on this forum years ago about him.

his solicitor Alex Lee is just as bad -

And yes - I am alive - not bankrupt and semi retired

kerry