Christchurch-based foreign exchange firm owes clients $7 million.

The number of firms kicked off the register of Financial Services Providers fell sharply as the power of the regulatory boot was tested in the courts.

The Serious Fraud Office has confirmed it is investigating Intueri Education Group.

Benjamin Anthony Kiro was convicted after pleading guilty to 23 charges at Auckland District Court this week.

Benjamin Anthony Kiro was a "big personality" who "pulled the wool" over people's eyes, says one man who gave him thousands of dollars to invest.

He used Tinder to find victims and falsified his CV to get a job at Financial Markets Authority.

Prosper Through Trading has been put into liquidation.

The High Court in Auckland has upheld the deregistration of Pakistani-owned foreign exchange firm Excelsior Markets.

Two retired property developers are liable to the receivers of a failed finance company for $308,572 because of guarantees they gave on an eight-year-old loan.

Paul Bublitz is seeking a delay of his theft trial so he can get money to pay for a lawyer.

Brent Sheather an Authorised Financial Adviser and a personal finance and investments writer talks fees and anomalies.

New Zealand's reputation as a responsible member of the world's financial community is undermined by holes in the financial services provider register.

PTT Group in the hands of court-appointed receivers.

The Financial Markets Authority has licensed New Zealand's fourth peer-to-peer lender, Lending Crowd, which plans to offer small-to-medium sized enterprises business loans of up to $200,000.

Mark Brewer has resurfaced in London with a new name but similar modus operandi.

A gold and currency trading firm allegedly part of a "ponzi scheme" told customers profits were "large and instantaneous" in its sales pitch, receivers say.

The FMA is worried KiwiSavers don't know enough about where and how their billions are invested.

A once-in-a-generation overhaul of capital markets regulation has been sometimes painful and the Financial Markets Authority has copped "pushback" from the industry, says its chief executive, Rob Everett.

An Auckland forex trading firm owned by a Pakistani national is challenging its deregistration by the FMA.

Luxury cars are among $1.6m of assets frozen as part of a probe into company Prosper Through Trading.

A Financial Markets Authority analyst has been charged with forging an academic record to get his job and then stealing nearly $210,000. in a scheme.

New Zealand's nascent equity crowdfunding market may be heading for a shakeout as an eighth platform, Property Mogul, seeks regulatory clearance to start operations.

Perpetual Trust, formerly owned by Pyne Gould Corporation, was C+M's trustee, tasked with protecting the interest of investors.

A couple whose assets were frozen amidst a regulator's probe are allowed $1000 per week for their living expenses but want access to more.

The Sensible Sentencing Trust says the early release of a fraudster sets a dangerous precedent on how white collar criminals are punished.

Rod Petricevic is serving a 6 years and 10 months sentence for misleading investors and using company funds to buy a luxury boat.

A group of mostly Nelson investors face losing $2m after the collapse of a Colombian gold mining scheme.