Buddle trial date set

Mortgage Rates

The trial of alleged Kapiti loan scammer Kerry Buddle has been set down for May next year.

The date was set when the 33 year-old appeared in the Wellington District Court recently. She faces 27 fraud-related charges, and has pleaded not guilty.

The former Kapiti mortgage broker closed her office in 2010 after coming under investigation from lenders and the insurance company she used. She owned Get Smart Mortgages and Insurance, operating under the umbrella of Kiwi Mortgage Market.

Buddle is accused of persuading clients who had borrowed money to lend some to her. Other complainants say their loans were increased without their knowledge.

She did not pay back the money, and several former clients say they had to sell their homes to repay the money they borrowed, or that was borrowed in their name.

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