The owner of mobile truck company Flexi Buy, which sold door-to-door in the North Island, has been sentenced to 2 years in jail.
Vikram Mehta was found guilty of charges filed by the Commerce Commission under the Crimes Act. He had told customers their goods would be supplied once they made a set number or payments but never intended to supply them. Between 2012 and 2014, Flexi Buy entered into more than 300 consumer credit contracts but only 9 customers got their goods.
Mehta intends to appeal.
Flexi Buy was fined $50,000 last year for breaching the Credit Contracts and Consumer Finance Act by failing to provide its customers with adequate disclosure of key information about their credit contracts. A further $3408 was awarded in damages to affected customers.