Derek Turner - New Zealander Fraudster

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Mark van Leewarden and Warden Consulting acted on behalf of New Zealand victims of a fraud scheme undertaken by Derek Turner, an expat New Zealander.

Derek Turner commenced his fraud operation in Australia before moving to the Bahamas. He ran an investment scheme promising high returns which were advanced to his victims on the basis of a broking operation.

The scheme was an investment system promising high returns and was advanced to victims by a broking operation. New Zealand victims lost some NZD 2 million.

Turner was eventually apprehended by an FBI undercover operation and is currently serving 20 years imprisonment in a US jail. Assets accumulated as a result of his fraud are still being liquidated with proceeds being distributed to victims.

Further Reading

Operation Hunter

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  • > Undercover Operations