The Vintage Aviator
The Vintage Aviator 170021
Eugene DeMarco has been convicted of fraud in relation to funds paid for the purchase of reproduction aircraft and the unauthorised use of an aircraft as security to obtain a loan.
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Defendant is remanded on bail for sentencing at the High Court in Wellington on 31 October.
Jury finds defendant guilty of six counts of fraud on 13 September.
Trial begins in the Wellington High Court on 26 August.
Defendant appears before the Wellington District Court where he pleads not guilty to charges brought by the SFO and is remanded on bail.