Convicted fraudster Eugene DeMarco made bankrupt over house deposit - News Summed Up

Convicted fraudster Eugene DeMarco made bankrupt over house deposit


Since Eugene John DeMarco​ was released from prison in late September 2020, he lost a civil case over misrepresentations made when he was trying to sell his house overlooking Karaka Bay, Wellington. DeMarco had wanted the bankruptcy case delayed while he appealed against the court decision on which it was based. Ross Giblin/Stuff Sir Peter Jackson and others have an outstanding civil claim against DeMarco. They have sued DeMarco and the Old Stick and Rudder Company, of which DeMarco is recorded as the sole shareholder. The civil case was originally to be heard in July 2019 but was delayed while the criminal case proceeded.


Source: Stuff July 15, 2021 01:41 UTC



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