The New Zealand Financial Markets Authority has filed 61 charges against six individuals in connection with alleged mortgage fraud. The charges were brought under the Crimes Act 1961, the Secret Commissions Act 1910 and the Financial Markets Authority Act 2011, and were filed in the Manukau District Court. The authority said mortgage fraud is one of its key regulatory priorities because it can undermine trust and confidence in New Zealand’s lending system and financial institutions. As the case is now before the courts and some suppression orders are in place, the authority said it cannot comment further at this stage.
New Zealand Financial Markets Authority2026-06-03
New Zealand Financial Markets Authority files 61 charges against six individuals over alleged mortgage fraud
The New Zealand Financial Markets Authority has filed 61 charges against six individuals in the Manukau District Court in connection with alleged mortgage fraud under the Crimes Act 1961, the Secret Commissions Act 1910 and the Financial Markets Authority Act 2011. The authority reiterated that mortgage fraud is a key regulatory priority due to its impact on trust and confidence in New Zealand’s lending system and said it cannot comment further while the case is before the courts.