November 14, 2021
Scam/Fraud

Christchurch man charged over alleged $400k scam denied bail

A 26-year-old Christchurch man accused of scamming people out of nearly $400,000 has pleaded not guilty and been denied bail at his first court appearance.

The man was arrested after police carried out a search warrant at a house in Hornby on Wednesday morning.

It came after an investigation into alleged serious fraud offences, police said.

He has been charged with eight counts of causing loss by deception and appeared from custody via audio visual link at Christchurch District Court this afternoon.

Detective Sergeant Mike Freeman, in a press statement earlier, alleged the man scammed victims out of $500,000.

However, eight charging documents laid in court allege the offending was between June 23 and September 3 this year, and amounted to $395,189.64.

Amounts range from $3700 to $147,000, with the Westpac bank named as victim in seven of the eight charges, and the Cooperative Bank in one charge.

It is understood the police…

Read full article here: www.odt.co.nz