An alleged multi-million-dollar investment fraud offering fake shares in a Mt Burrell “Eco Village” was challenged in a private prosecution at Murwillumbah Court, NSW, on March 28th. Founders of the land-share initiative, Mark Darwin and Adrian Brennock with company directors Steven McSween and Richard Moate, were charged with criminal fraud and larceny. They declined to appear in court but were represented by Byron Bay solicitor Ian McKay, instructed to plead “Not Guilty." Court Orders set a schedule for filing evidence.
|Mt Warning Eco Village advertising lots for sale at mountwarningecovillage.com.au|
The private prosecution was initiated by defrauded investor Gi Linda, who also filed a statutory demand on the company Wollumbin Horizons Pty Ltd, starting winding-up procedures to stop the land-share scam. With a federal police investigation of the alleged fraud in progress and civil litigation by defrauded investors stalled, the criminal prosecution was initiated to fast-track justice. The aim is to achieve restitution for creditors with urgent claims now totaling over $2.7 million, including failed investments, delinquent loans, misappropriation of superannuation, defamation and destruction and theft of property.
|Optional cabins are offered at Mt Warning Eco Village|
Association of Investors Defrauded by Mark Darwin
|Environmentally protected land offered for habitation at Mt Warning Eco Village|