The woman at the centre of a $9.2 million mortgage fraud has lost an appeal against her convictions and sentence, with three judges saying the evidence of her guilt is "overwhelming".
"She has no rational basis for continuing to deny criminal liability," Court of Appeal Justices Rhys Harrison, Murray Gilbert and Sarah Katz said of Eli Devoy in their decision.
Devoy, in her late 40s, was sentenced to five years' jail last year for her role as the ringleader of a fraudulent scheme that involved friends and members of her family.
In the fraud, Devoy and others used false and forged documents to obtain millions of dollars worth loans from banks for 11 Auckland properties.
Devoy attempted to challenge her convictions and sentence when appearing before the Court of Appeal last month on the basis that her trial lawyers allegedly made errors.