22 Mar 2016

Mortgage scam accused 'didn't check documents'

3:07 pm on 22 March 2016

A woman accused of being at the centre of a multi-million dollar mortgage scam says she simply passed on documents to lenders and didn't check their veracity.

Eli Devoy, also known as Ellie Stone, has been charged with obtaining by deception, along with two of her brothers, Mehrdad Ghorbani and Mehrzad Ghorbani, sister-in-law Nasrin Kardani, family friend Javad Torabay and another man with name suppression.

All the accused have denied the charges.

Ms Devoy gave evidence in her own defence and told the Auckland District Court she was working as a personal assistant for a close friend in real estate.

She said she simply gathered information to get home loans for family and friends but did not check if the salary records and other documents were real.

Ms Devoy told the court that she trusted her friend, who she treated like family.

The Crown's case is that Ms Devoy was at the centre of a scam that would buy houses, usually at mortgagee sales, and sell them on to associates at ramped-up prices.