Guilty verdicts in $9m family mortgage fraud

  • A woman at the heart of a $9.2 million mortgage fraud has been found guilty and convicted of nearly all of the charges she faced.

Eli Devoy, 47, four of her family members and an associate were on trial earlier this year in the Auckland District Court.

Devoy, according to prosecutors, was at the centre of a mortgage fraud, where banks lent millions on the back of false information and where properties were bought and sold between family and friends.



Eli Devoy arriving at court this morning with her lawyer Quentin Duff. Photo / Greg Bowker