A Palmerston North property developer is accused of making up his own property valuations and channelling a real estate firm's commission into his own pockets.
Tuesday, March 1st 2005, 5:35AM
by The Landlord
Justin Brown, 28, allegedly altered documents to exaggerate the value of his properties by $443,000, which he used as security to buy more property.
He also allegedly altered a sale and purchase agreement for his own gain, instead of sharing the profit with his employer - ABC Realty, which traded as Tommy's Real Estate.
Brown appeared in Palmerston North District Court yesterday for a depositions hearing, where he entered no plea.
