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McGuffie date set

A Napier insurance broker David McGuffie who is facing fraud charges is has been given a new date for his next court appearance.

Sunday, August 30th 2015, 8:13PM

McGuffie’s case was in the Napier District Court last week for a call over – a meeting where lawyers and the judge discuss pre-trial issues.

A new date of November 20 was set.

He has pleaded not guilty to four charges of making dishonest claims to four large insurance companies, believed to be Pinnacle Insurance, Asteron, Tower and AIA.
McGuffie was the owner and founder of Advanced Insurance.

The company changed its name to HMS Holdings Ltd on February 21, 2014. It stopped trading a week later and a fortnight later was put into voluntary liquidation.

In the first liquidator’s report, liquidator Kenneth Oliver said: “The company went into voluntary liquidation following the termination of key insurance agencies. The company was unable to successfully negotiate the reinstatement of these agency agreements, and therefore the company had no way of deriving future income and could not continue to trade. The director and the external accounting organisation have fully co-operated with the liquidator. However accounting records covering the last three months are not available.”

There have been no reports since.

EARLIER STORY HERE

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