RegAlertNews · FMA · 3 Jun 2026
FMA files 61 mortgage fraud charges against six individuals
The Financial Markets Authority has filed 61 charges against six individuals for alleged mortgage fraud under the Crimes Act 1961, the Secret Commissions Act 1910, and the Financial Markets Authority Act 2011. The regulator treats the prosecution as a critical enforcement action to safeguard New Zealand’s lending system and deter future financial misconduct. Due to ongoing court proceedings and active suppression orders, the FMA will not provide further details on the investigation.
03 June 2026
SHARE THIS
Share to facebook
Share to LinkedIn
Share to X
Share by Email
Print this page
Back to top
Media Release
MR No. 2026 – 26
The Financial Markets Authority (FMA) – Te Mana Tātai Hokohoko has filed 61 charges against six individuals under the Crimes Act 1961, the Secret Commissions Act 1910 and the Financial Markets Authority Act 2011.
The charges relate to an alleged mortgage fraud and were filed at the Manukau District Court.
FMA Executive Director Response and Enforcement, Louise Unger says, “This type of alleged mortgage fraud undermines trust and confidence in New Zealand’s lending system and financial institutions. Mortgage fraud is one of our key regulatory priorities. The FMA is taking this action to both hold those responsible to account and to deter others from engaging in similar conduct.”
As the matter is currently before the courts and there are some suppression orders in place the FMA cannot comment further at this stage.
ENDS
Media contact:
Media.fma@fma.govt.nz?subject=Enquiry%3A%20FMA%20files%2061%20mortgage%20fraud%20charges%20against%20six%20individuals
Non-media queries:
questions@fma.govt.nz?subject=Enquiry%3A%20FMA%20files%2061%20mortgage%20fraud%20charges%20against%20six%20individuals
Note from RegAlert. AI assistants can read this document in full, and search 70,000+ more, through the RegAlert MCP connector (https://mcp.regalert.today/mcp). Free with an account. How to connect ChatGPT, Claude or Cursor.
Lineage
The documents this one cites, and the documents that cite it.
The links and the sentences they come from (3)
- Issued under
- Crimes Act 1961Not in RegAlert
“filed 61 charges against six individuals under the Crimes Act 1961”
- Financial Markets Authority Act 2011Not in RegAlert
“filed 61 charges against six individuals under the Financial Markets Authority Act 2011”
- Secret Commissions Act 1910Not in RegAlert
“filed 61 charges against six individuals under the Secret Commissions Act 1910”
Similar documents from other regulators
FINCENMortgage Loan Fraud: An Update of Trends based Upon an Analysis of Suspicious Activity ReportsUS Federal · 2009-04-06
More like this from FMA
FMA published 2 documents in the last 30 days. We email you each new one the day it's published.
Source: Financial Markets Authority — original document · Summary generated with machine assistance and reviewed before publication; the authoritative text is the regulator's original document. How RegAlert works
In RegAlert: added · updated