Maria Slade speaks to an investor who lost tens of thousands in Du Val about why she ignored the red flags.

 

She also talks to a former employee about Du Val’s tactics in selling both investments and houses off the plans to ordinary New Zealanders.

 

The Du Val Group thrived against the backdrop of the biggest housing boom New Zealand has ever seen.

 

But the boom couldn’t go on, and when interest rates rose, the market turned - and so did the tide for Du Val.

 

Brought to you by BusinessDesk with thanks to The Milford Foundation’s Brian Gaynor Business Journalism Initiative and MoneyHub.

 

Host, researcher, writer: Maria Slade 
Producer: Hamish Williams 
Lead Sound Design: Mick Andrews
Additional Sound Design: Lara Healy
Executive Producers: Jane Yee and Duncan Bridgeman

 

https://businessdesk.co.nz/du-val

Maria Slade speaks to an investor who lost tens of thousands in Du Val about why she ignored the red flags.
&nbsp;
She also talks to a former employee about Du Val&rsquo;s tactics in selling both investments and houses off the plans to ordinary New Zealanders.
&nbsp;
The Du Val Group thrived against the backdrop of the biggest housing boom New Zealand has ever seen.
&nbsp;
But the boom&nbsp;couldn&rsquo;t go on, and when interest rates rose, the market turned - and so did the tide for Du Val.
&nbsp;
Brought to you by BusinessDesk with thanks to The Milford Foundation&rsquo;s Brian Gaynor Business Journalism Initiative and MoneyHub.
&nbsp;
Host, researcher, writer: Maria Slade&nbsp; Producer: Hamish Williams Lead Sound Design: Mick Andrews Additional Sound Design: Lara Healy Executive Producers: Jane Yee and Duncan Bridgeman
&nbsp;
https://businessdesk.co.nz/du-val

It was meant to be the Kiwi dream: build wealth through property and follow in the footsteps of Du Val group founders Kenyon and Charlotte Clarke. 

But when the Du Val empire collapsed, owing $268 million and leaving investors reeling, that dream came crashing down.

As the Du Val saga continues to unfold, investigative business journalist Maria Slade speaks to investors owed tens of thousands and former staff about the group’s big ambitions, selling tactics, and flashy public persona. 

She also talks with industry experts to examine a system that allowed this to happen, and question why we're so drawn to fringe property schemes.

Brought to you by BusinessDesk with thanks to The Milford Foundation’s Brian Gaynor Business Journalism Initiative and MoneyHub.

It was meant to be the Kiwi dream: build wealth through property and follow in the footsteps of Du Val group founders Kenyon and Charlotte Clarke.&nbsp;
But when the Du Val empire collapsed, owing $268 million and leaving investors reeling, that dream came crashing down.
As the Du Val saga continues to unfold, investigative business journalist Maria Slade speaks to investors owed tens of thousands and former staff about the group&rsquo;s big ambitions, selling tactics, and flashy public persona.&nbsp;
She also talks with industry experts to examine a system that allowed this to happen, and question why we're so drawn to fringe property schemes.
Brought to you by BusinessDesk with thanks to The Milford Foundation&rsquo;s Brian Gaynor Business Journalism Initiative and MoneyHub.

The Fall of the House of Du Val

It was meant to be the Kiwi dream: build wealth through property and follow in the footsteps of Du Val group founders Kenyon and Charlotte Clarke.

 

But when the Du Val empire collapsed, owing $268 million and leaving investors reeling, that dream came crashing down.

 

As the Du Val saga continues to unfold, investigative business journalist Maria Slade speaks to investors owed tens of thousands and former staff about the group’s big ambitions, selling tactics, and flashy public persona.

 

She also talks with industry experts to examine a system that allowed this to happen, and question why we're so drawn to fringe property schemes.

 

Brought to you by BusinessDesk with thanks to The Milford Foundation’s Brian Gaynor Business Journalism Initiative and MoneyHub.

 

Host, researcher, writer: Maria Slade 
Producer: Hamish Williams 
Lead Sound Design: Mick Andrews
Additional Sound Design: Lara Healy
Executive Producers: Jane Yee and Duncan Bridgeman

 

https://businessdesk.co.nz/du-val

It was meant to be the Kiwi dream: build wealth through property and follow in the footsteps of Du Val group founders Kenyon and Charlotte Clarke.
&nbsp;
But when the Du Val empire collapsed, owing $268 million and leaving investors reeling, that dream came crashing down.
&nbsp;
As the Du Val saga continues to unfold, investigative business journalist Maria Slade speaks to investors owed tens of thousands and former staff about the group&rsquo;s big ambitions, selling tactics, and flashy public persona.
&nbsp;
She also talks with industry experts to examine a system that allowed this to happen, and question why we're so drawn to fringe property schemes.
&nbsp;
Brought to you by BusinessDesk with thanks to The Milford Foundation&rsquo;s Brian Gaynor Business Journalism Initiative and MoneyHub.
&nbsp;
Host, researcher, writer: Maria Slade Producer: Hamish Williams Lead Sound Design: Mick Andrews Additional Sound Design: Lara Healy Executive Producers: Jane Yee and Duncan Bridgeman
&nbsp;
https://businessdesk.co.nz/du-val

2. Behind the Glamour

https://api.omny.fm/orgs/7784f840-c291-422a-924b-ad9000bbad71/clips/448e85d9-41ba-466a-9b95-b3a3004698e8/transcript