The Serious Fraud Office is expected to make an announcement regarding Hanover Finance early this week.
The office has spent longer mulling over whether to lay charges in the wake of the Hanover collapse than in the case of any other finance company it has probed.
But the Business Herald understands an announcement on Hanover is likely today or tomorrow.
In April last year, a Court of Appeal judgment said Hanover failed in mid-2008, causing substantial losses to depositors.
About 16,000 people with investments totalling more than $500 million lost most of their money following the failure of Hanover and related companies, and the sale of assets to Allied Farmers. After receiving complaints the SFO launched an investigation in September 2010.