Property developer jailed on fraud charges

SFO director Julie Read says Stephen Gubb should have called it quits after his first conviction.

A property consultant has been jailed for nearly three years for fraudulently obtaining nearly $150,000 in commissions from a South Island district council.

Stephen Gubb has been sentenced to two years and nine months in prison on deception charges brought by the Serious Fraud Office.

Working at property development company Hughes Developments, Gubb sold land and leases for a Selwyn District Council development in Rolleston.

He took 13 commission payments worth more than $300,000 between 2007 and 2015, nearly $150,000 of which went into a bank account shared by Gubb and his co-defendant, who has name suppression.

The SFO alleges the co-defendant was complicit in obtaining the payments. It is unclear whether charges have been filed.

Gubb, 62, also obtained $10,500 from the Selwyn District Council on a phony invoice.

He has previously been prosecuted by the SFO on fraud charges involving about $1.18 million. He was convicted and sentenced to four years in jail in 2003.

"Gubb was given an opportunity to rebuild his life following his previous fraud convictions but instead chose to offend again," SFO director Julie Read says in a statement.

A 2016-17 government review of the SFO found the enforcer has experienced “the most demand it has ever received,” with 831 complaints over the period, a 40% increase year-on-year.

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Selling real estate for a property developer does not make one a “property developer”

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And yet Augustine Lau, who has a raft of convictions longer than ones arm against both the environment and tenants, is still free...

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...and this Government which has obtained far more pecuniary advantage using even more blatant deceptions meanders on with not even a wince of remorse.

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This guy is old enough to know better, once a crook always a crook, one has no sympathy for people like this.

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