Hi All,
By association we (Mobilize Mail Limited) provided a service to Kerry Buddle and yes we are one of many left out of pocket - though our loss is small change compared to her prey on naive locals who remortgaged their homes to give her thousands of dollars.
Mark did a piece on her on his Close Up programme - and I see she's made front page of the Dominion Post today. Here is the online article on Stuff
So what happens now? The police are investigating - but what punishment is Kerry likely to receive? It appears she lied on applications to secure the loans - so I wonder what the punishment is for that. She lied to her clients to get them to remortgage their homes where many faced mortgagee sales - this could be grounds for class action and no doubt there's a bevy of lawyers banging on doors to secure the business.
What did Kerry do with $1.8 million? Not a ponzy scheme as there was no attempt to pay the loans interest payments etc.
cheers,
Donna
By association we (Mobilize Mail Limited) provided a service to Kerry Buddle and yes we are one of many left out of pocket - though our loss is small change compared to her prey on naive locals who remortgaged their homes to give her thousands of dollars.
Mark did a piece on her on his Close Up programme - and I see she's made front page of the Dominion Post today. Here is the online article on Stuff
So what happens now? The police are investigating - but what punishment is Kerry likely to receive? It appears she lied on applications to secure the loans - so I wonder what the punishment is for that. She lied to her clients to get them to remortgage their homes where many faced mortgagee sales - this could be grounds for class action and no doubt there's a bevy of lawyers banging on doors to secure the business.
What did Kerry do with $1.8 million? Not a ponzy scheme as there was no attempt to pay the loans interest payments etc.
cheers,
Donna
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