A Queenstown property developer admits his company is insolvent and has misused customer deposits, with multiple investors demanding refunds due to project delays and lack of transparency.
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debt owed to homeowners and investors
Property developer who can’t repay customers seeks $2m for new projectlong-term project failures and financial promises broken
Property developer admits his ‘insolvent’ company can’t repay house depositsSpotted something wrong on this page? Report a correction.