Luigi Wewege

Nigerian scams, chain letters, pyramid schemes and anything not auction related.
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Luigi Wewege

Post by digidog » Thu Oct 24, 2013 11:50 pm

It's good to see that everybody has kept away from the Len Brown scandal on these forums. However there's one character who I feel deserves a mention and that's the character who orchestrated the publicity - Luigi Wewege. If you haven't heard of this person then here's a backgrounder: Wewege profile - NZ Herald

This man seems to have vanished from public view recently, but there are rumours circulating that he's been spotted cleaning car windows in Suva. If that is the case, then the ideal headline would surely have to be...

"Luigi Wewege in Fiji with a Squeegee"

;-)

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Re: Luigi Wewege

Post by digidog » Sun May 25, 2014 9:35 pm

The talented Mr Wewege has apparently popped up in Auckland again. You lucky Aucklanders!

http://www.stuff.co.nz/national/politic ... o-Auckland" onclick="window.open(this.href);return false;

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Re: Luigi Wewege

Post by digidog » Sun Sep 07, 2014 1:25 am

Wewege has a new role - helping rich immigrants move to New Zealand.
Now, 28-year-old Wewege is director of companies including New Zealand China Development Group, Vivier Investments, and Nikau Global.

Wewege has reunited with Palino campaign volunteers for his new enterprises. Palino campaign photographer Clement Oh is listed as one of four interns at Nikau Global. Palino campaign volunteer Linton Rathgen is general manager of New Zealand China Development Group.

Former Palino campaign aide Michael Hart holds all the shares in these companies but lists Wewege as co-director.

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Re: Luigi Wewege

Post by digidog » Sat Feb 21, 2015 9:34 pm

Poor Luigi Wewege is back in the spotlight. This time it's his role as owner of a subprime lending company.
One of the men accused of masterminding New Zealand's biggest political sex scandal is caught in the fallout of a TV expose after taking ownership of a company previously accused of shonky loan deals.

Luigi Wewege, 29, left the country after helping expose Auckland mayor Len Brown's affair with Bevan Chuang.

He is understood to be back in Auckland and working with wealthy immigrants as director of companies including New Zealand China Development Group, Vivier Investments, and Nikau Global.

It is the name Vivier that is in the spotlight after an Irish current affairs show aired allegations that it was the new name for a company originally called Home Funding Corporation. That company targeted desperate cash-strapped people by giving them quick loans with very high interest rates. One distraught borrower told the TV programme a loan worth $76,000 turned into a $2 million debt mountain.

Another two borrowers told how they were intimidated and left feeling suicidal by the company's behaviour.

Those behind the TV show said the ploy "made those behind it filthy rich and left a path of devastation among those who fell victim to it".

Home Funding Corporation changed its name to Vivier Mortgages Ltd and ownership switched to Wewege, the programme said.

Wewege has now taken legal action to clear his name.
Yep... Wewege is suing the broadcaster which is naturally making headlines in Ireland. However it seems that the company he owns has a rather "interesting" history. Originally called "Home Funding" the company changed its name to Vivier Mortgages Ltd. The Irish High Court has been hearing a case involving a couple who took out a IR£40,000 mortgage with Home Funding. They stopped mortgage payments in 2000 but for some reason, the company took more than a decade to pursue the debt. By that time it was claiming a staggering €1.4m from the couple.

The couple claimed that Home Funding failed to disclose the real reasons for the delay, including "difficulties" encountered by its founder Ian Leaf, including that he had a spell in prison. Leaf was extradited to England from Switzerland in 2004 and convicted of 13 counts of fraudulent trading. He was jailed for 10 years and released in 2008. Leaf also had confiscation orders made against him after being convicted of fraud calculated as being Stg£99.8m.

The High Court ruled that the application for repossession should be struck out because of the inordinate and inexcusable delays and awarded costs to the couple.

Whatever have you got yourself into this time Luigi?

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Re: Luigi Wewege

Post by digidog » Wed Jul 01, 2015 6:59 am

Luigi Wewege is back in the news this week. He was a director and CEO of Vivier & Company -- offering savings accounts featuring "above average returns without market risk volatility". The Financial Markets Authority has just kicked that entity off the Financial Service Providers Register. No further details are available.

See also: http://www.interest.co.nz/business/7624 ... s-register

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Re: Luigi Wewege

Post by digidog » Mon Aug 24, 2015 3:11 am

Luigi Wewege believes that the interest.co.nz article (linked in the post above) contains "extremely derogatory statements" and should not have influenced the Financial Markets Authority decision when it stripped Vivier & Co's registration as a financial services provider. The story linked Vivier to sub-prime mortgages in Ireland which were funded by "the proceeds of British fraud".
This is the first appeal of a deregistration since FMA was granted the powers under the Financial Service Providers (Registration and Dispute Resolution) Amendment Act 2014. The government and regulator were concerned shell companies were registering as financial service providers in New Zealand to trade on the country's reputation for not being corrupt.
The FMA says it started investigating Vivier after seeing the article, but denies the deregistration was based solely on that story.

Herald story...

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