Post by lucy273638 on Sept 19, 2019 14:24:49 GMT 12
The former production manager and pilot for Sir Peter Jackson's Vintage Aviator company has been found guilty of all six charges he faced.
The verdicts against Eugene Gene DeMarco came at the end of a three week trial at the High Court in Wellington.
It was alleged DeMarco had diverted more than $2 million paid for his employer's aircraft by an Auckland-based aviation charity, New Zealand Warbirds Association.
The charges related to taking control of more than $2m by deception, failing to deal with the money as required, releasing the plane to Warbirds without authority, receiving $200,000 from Warbirds' president Frank Parker and not dealing with it in the way required, obtaining a $250,000 loan from BNZ by deception, and having control of a WWII aircraft he failed to deal with it as required by the person who says he bought it off DeMarco.
As well as the criminal charges against DeMarco, he faces civil action from The Vintage Aviator, and a former friend who paid DeMarco US$500,000 for a plane and wants the deal officially recorded.
www.stuff.co.nz/national/crime/115771611/peter-jacksons-former-vintage-plane-manager-found-guilty-of-2m-fraud-and-theft
The verdicts against Eugene Gene DeMarco came at the end of a three week trial at the High Court in Wellington.
It was alleged DeMarco had diverted more than $2 million paid for his employer's aircraft by an Auckland-based aviation charity, New Zealand Warbirds Association.
The charges related to taking control of more than $2m by deception, failing to deal with the money as required, releasing the plane to Warbirds without authority, receiving $200,000 from Warbirds' president Frank Parker and not dealing with it in the way required, obtaining a $250,000 loan from BNZ by deception, and having control of a WWII aircraft he failed to deal with it as required by the person who says he bought it off DeMarco.
As well as the criminal charges against DeMarco, he faces civil action from The Vintage Aviator, and a former friend who paid DeMarco US$500,000 for a plane and wants the deal officially recorded.
www.stuff.co.nz/national/crime/115771611/peter-jacksons-former-vintage-plane-manager-found-guilty-of-2m-fraud-and-theft
