Off the plan king faces fraud count

Posted by admin | Investment | Mardi 11 novembre 2008 23:29

by John Garnaut and James Button
December 9, 2005

THE property spruiker Henry Kaye has been charged with fraud after allegedly deceiving St George Bank to secure finance for his most ambitious development.

Kaye, who taught tens of thousands of low-income earners to become speculative property investors, could face up to 10 years’ jail under Victoria’s Crimes Act if found guilty of obtaining financial advantage by deception.
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