Duty solicitor Sonia Vidal, who said Kerry Colin Christian (55) had counsel in Rotorua, initially sought interim name suppression for Christian, who was ''self-employed'' and had six employees.
''He operates an international company; his credibility is extremely important.''
However, Judge Strettell said that was the ''very reason'' he was hesitant to grant the application.
''The [alleged] deceptions have arisen as a result of that international company being used to cause that loss.
''I would need some sort of undertaking ... that he wouldn't operate in the meantime if I was to give him an interim name suppression order, with an indication it would be unlikely I would extend that past the first remand date.''
After a brief stand down, Ms Vidal said Christian no longer wished to advance the application.
He was remanded on bail to reappear in the Queenstown District Court on December 2.
He was required to surrender his passport, not apply for any international travel documents and not contact eight people mentioned in the police report.
The Companies Office shows Christian is or has been a director or shareholder of 24 companies, 19 of which have been struck off.
Of the remainder, three are in the process of being removed from the Register of Companies and one is overdue in its obligation to file an annual return and therefore in danger of being removed from the register.
Just one company, Classic Wine Tours Ltd, incorporated in April last year, of which Christian is the sole director, remains operating.
The USA Property Turnkey Solutions LLC website says it is a joint venture between Buy Low AZ, based in Phoenix, Arizona, and How2 - Christian's company - based in Queenstown.
The website says the NZ USA Property Turnkey Solutions LLC company was established to ''assist individuals wishing to invest in the US property market'' and had partnered with ''the American team'' to form a new company.
That company provided New Zealand investors with foreclosure properties in the United States that provided cash flow ''in a safe environment''.
Christian is charged with: unlawfully causing a loss of $US25,000 to Lindsay Richards by deliberately overstating the purchase price of a property in Arizona, US, between July 30 and October 16, 2012; receiving $US24,500 by failing to account to Lindsay Richards, at Tauranga on October 16, 2012; on or about July 10, 2012 at Whangarei dishonestly using a US Property Turnkey Solutions LLC order form; receiving $US6343 by failing to account to Dirk Ziebert, on or about August 22 at Whangarei; dealing with $US7346 from Mr Ziebert not in accordance with requirements, on or about March 6 at Whangarei; dishonestly using a US Property Turnkey Solutions LLC order form at Wellington, on or about September 20, 2012; on or about October 25, 2012 at Wellington misusing a settlement statement for a property in Memphis, US; on or about November 20, 2012 misusing a settlement statement for a second property in Memphis; and two charges of making false declarations to notary public David Brent in Wanaka, on May 24 this year.
