Indebt mortgage broker faces victims

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Indebt mortgage broker faces victims

3News NZ

Kerry Buddle

Kerry Buddle

She fancied herself as a high flyer in the financial world, but she has made headlines for all the wrong reasons.

Kerry Buddle worked as a mortgage broker, and left behind grief and financial ruin. She admits she has debts of hundreds of thousands of dollars - others believe they could run into the millions.

Several people lost their houses, and others are struggling with debt.

But she says she's been unfairly portrayed and wants to pay back every cent.

She came to Campbell Live to tell her side. We said only on the condition she front up to one of her victims and tell them how she intends to put it right.

She did so - on camera.

Jenny and Bryron Twist handed over $32,000 in March last year, and they haven't seen it since.

The Twists took out a loan to give Ms Buddle the money. She told them it was to help a UK couple buy a house - but that's not what she said on the paperwork to the lender, Basecorp.

Ms Buddle says she'll repay the Twists soon.

"I would like it to be within a year. I want this closed and moved on," she said.

One woman, who does not wish to be identified, says she has no hope of ever owning another house after she loaned money to Ms Biddle, and then lost her home. 

"[Ms Buddle has] totally destroyed my life. I'm on a sickness benefit. What am I meant to do?"

Ms Buddle has promised to keep in contact with her victims – and will repay them.

The many people she owes hundreds of thousands of dollars to say they’ll believe it when they see the money, and not before.

New financial regulations mean it is now illegal for a financial adviser to borrow money from a client as Ms Buddle did.

Watch Richard Langston’s report.

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Comments

4/07/2011 10:02:37 p.m.

Matt Stevens wrote:

I think where Jenny Twist is concerned there is a infamous saying that fits her very well... "fools are easily parted from their money". Enjoying the media limelight Jenny? you come across like an uneducated fool.

4/07/2011 7:43:42 p.m.

Robert Jones wrote:

A fool and their money are easily parted

2/07/2011 9:25:38 p.m.

Steve-o wrote:

This is quite disgusting that someone could rip people off like this, also when appearing for an interview and not offering any real answers is just bad form, she doesn't seem to be honest with herself so she can't be honest with anyone else, did she reply to a number of 419 emails ? I can't understand where so much money has gone. I hope the NZ justice system gets some balls and just doesn't slap her around with a wet bus ticket, where I live now ( I was in NZ for a while) you'd have parts of your body cut off for this sort of thing, I hope the victims get there money.

1/07/2011 10:28:36 p.m.

Michael Penman wrote:

Jared Michael Drake, Chef of Wellington, isn't it time you gave back the money! I know Kerry Buddle gave it to you for safe keeping, comon Jared.

30/06/2011 9:46:22 p.m.

Jeff Peters wrote:

The deception and lies, now her ex husband tells the media she is a good person probably because he has the money in his bank account , dont trust a fat chef! Wellingtons too small for you

29/06/2011 7:01:57 p.m.

Jude wrote:

What us the definition of a socio path?
Kerry Buddle

29/06/2011 7:01:55 p.m.

Jude wrote:

What us the definition of a socio path?
Kerry Buddle

29/06/2011 5:54:45 p.m.

Peed Off wrote:

Apart from being a liar and con-artist Kerry Buddle is a joke!How the hell can you sleep at night knowing what you have done to all those people? Kerry Buddle does not still live in the kapiti Coast , she lives in lower hutt , she does not have a new business, she got fired from it !!

28/06/2011 7:31:21 p.m.

Joanie wrote:

This lady is a predator, she must be such an embarrassment to your family. Her family must be so disappointed in her. She tried to play the victim in her interview, she just a waste of everyone's time and space the world would be a better place without her.

28/06/2011 4:44:46 p.m.

Max Peters wrote:

Fraudster! you bet!! Wellington Private Investigators, Neill Group tracking her down, will justice ever be done where Kerry Buddle is concerned?