Mark Hotchin's name is no longer on the title of the $30 million Paritai Drive house which has been a lightning rod for out-of-pocket investors.
The mansion has been seen as a monument to financial excess, but changes to the large piece of real estate's legal status in early spring indicated it might be sold soon.
Under his own name, Mr Hotchin bought three neighbouring Paritai Drive sections and amalgamated them for his vast family home, expected to have a finished value of about $30 million.
QV records showed all the titles merged into one new title with no sales history, a new address and new owner.
Instead of being tagged as being on Paritai Drive, the plots are all listed as 4 Huriaro Place, taking an address from the street behind.
Records, last updated on November 6, show the house and land are owned by a trustee - KA No 4 Trustee - which Companies Office records show traces back to Tony Thomas.
Mr Thomas said a few weeks ago that he was Mr Hotchin's accountant and denied any sale was pending. Legal experts said the changes gave a cleaner title, far easier to dispose of.
That's hardly surprising. People such as Hotchin are very adept at hiding their assets. How else could Hotchin and Eric Watson walked away from the collapse of Hanover with their personal wealth intact whilst the investors who made them wealthy are left with nowt? Lavish birthday parties, ski trips in Switzerland (Watson) and extended stays in Hawaii (with the personal trainer flown in - Hotchin) really rub it in to the mum-and-dad investors who swallowed Hanover's promises of riches.
If you think that we are contemptuous of Eric Watson and Mark Hotchin for their role in the Hanover collapse, you'd be dead right. We hope that the SFO is getting all its ducks in a row, and that justice can one day be done for those who put their faith in Hanover, and had the rug pulled out from underneath them.