Man faces fraud charges of nearly $4.3m

5:24 pm on 23 July 2015

A 58-year-old Tauranga man has been charged with defrauding people out of nearly $4.3 million over an Australian property development over the past 25 years.

The Serious Fraud Office alleges Mark Lawrence Ivil stole $4.28 million from a number of people, using scenarios about returns on a property development in Australia.

He faces 37 charges including obtaining by deception, obtaining by false pretence and using forged documents.

SFO director Julie Read said more victims could be involved.

Mr Ivil will appear in the Tauranga District Court next week.