Westpoint link in Henry Kaye saga

East coast property investment spruiker Henry Kaye has emerged as a figure in the collapse of the Westpoint property group.

The property promoter, currently before the courts facing a charge of dishonestly obtaining a financial advantage by deception, played a pivotal role in linking property investors with the Westpoint scheme which is now expected to cost investors more than $450 million.

The Henry Kaye link was revealed in today's Eureka Report (Alan Kohler's online investment news site) according to crikey.com.au, a business, politics and media email and web service.