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Albany junk bond failure a warning to off-shore investors

Caleb Allison
Wed, 20 Feb 2013

The loss of $9 million of off-shore funds in a failed Auckland property development tarnishes New Zealand's image as a safe investment destination, a top commercial property agent says.

Investors in Albany Heights Villas – owned by controversial developer Chris Cook – have been told by the

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Caleb Allison
Wed, 20 Feb 2013
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Albany junk bond failure a warning to off-shore investors
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