Finance official faces $2m fraud charges

A former finance company official faces dishonesty charges totalling about $2 million.

Defence counsel James Rapley confirmed that Darrin Hunt's name suppression lapsed when he was given a registrar's remand at the Christchurch District Court today, almost three weeks after his first appearance.

Suppression had been granted until today, but it was not renewed for the remand to a post-committal conference on January 22, the Christchurch Court News website reported.

Hunt, 41, is listed as unemployed.

He faces a charge of obtaining $NZ1.8 million and $A130,000 ($NZ167,600) by deception, having made false representations to investors as to the existence of securities and the registration of securities.

He also faces two charges of fraud.

Hunt remains on bail and no pleas have been entered.

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