Fraudster loses civil case over house sale misrepresentations - News Summed Up

Fraudster loses civil case over house sale misrepresentations


(File photo)An anonymous tipoff alerted a house buyer to look more closely at the condition of a Wellington house a now-convicted fraudster was selling. Eugene DeMarco, 58, a pilot and former manager for filmmakers Peter Jackson and Fran Walsh’s vintage plane company, has been found liable in a civil case for misrepresentations made in the sale process. Investigations uncovered earlier building reports much less favourable than the one DeMarco offered during the sale process. Stuff Eugene DeMarco was found guilty of frauds committed at Sir Peter Jackson's company, The Vintage Aviator. (File photo)The building report DeMarco offered through the real estate agent was apparently comprehensive, and in very positive terms.


Source: Stuff November 20, 2020 02:26 UTC



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