A man facing charges over an alleged bogus company for jobseekers looking for work in Australian mines had his scheme endorsed by a fake international group whose initials spelled "Pay Frank and Dee The Money", a court has been told.
Frank Allan Yeates, 61, has pleaded not guilty in the Hamilton District Court to three charges of making a false statement as a promoter and one of fraudulently carrying out a business.
The Crown alleges that between February 28 and June 30, 2012, Yeates ran a website called AAAjobforyou NZ Ltd and falsely claimed it had positions in the mining industry.
It says Yeates also wrongly said the company was part of an international group known as "PF and DTM International" and made a false statement on printed AAAjobforyou receipts that the funds it received from prospective employees were being deposited into a trust fund.
The Crown is also trying to prove that Yeates was knowingly party to AAAjobforyou NZ Ltd and carried on the business with intent to defraud the public.