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Bluechip boss on FMA charges dies
A former chief executive of Bluechip and director Viaduct Capital Nick Wevers has died and criminal charges filed against him have now been withdrawn.
A former chief executive of Bluechip and director Viaduct Capital Nick Wevers has died and criminal charges filed against him have now been withdrawn.
Three convicted Bridgecorp directors have reached an $18.9 million settlement with the failed finance company's receivers.
Law firm Bell Gully has published new guidelines about what to do if the Financial Markets Authority raids your business.
Investment market players are gearing up for the biggest shake-up in more than decade.
Rob Everett, a UK-based regulatory consultant and former investment banker, has been named chief executive of the Financial Markets Authority, replacing Sean Hughes.
Police asset freezing action against two jailed Capital + Merchant directors is unprecedented.
A High Court judge has made restraining orders over property linked to two jailed Capital + Merchant Finance directors, with the police looking to eventually seize the assets.
The man behind NZ's largest Ponzi scheme has been sentenced to 10 years and 10 months in jail - a punishment deemed too lenient by one of his victims.
US crowdfunding platform Kickstarter - which has helped raise more than $US800 million for creative projects - will be opening its doors to Kiwis in just over four weeks.
An Auckland restaurant with links to Phoenix Forex - a company that sold controversial currency trading software - has been put into liquidation owing almost $5 million.
A Christchurch financial adviser whose clients lost $6 million in Ross Asset Management's collapse has been censured and fined $4000.
Two of New Zealand's top watchdog jobs could end up being held by women.
Directors of failed finance companies are not off the hook yet and the Financial Markets Authority says it is likely to launch criminal proceedings.
An Auckland financial adviser accused of stealing $3 million of investors' money has been charged today.
David Ross had the outward appearance of a successful businessman - he lived in a $2.2 million home, owned expensive paintings, drove a Mercedes, and told clients he holidayed around the world.
Wellington financial adviser David Ross pleads guilty to charges relating to running a Ponzi scheme.
David Ross, the Ponzi-accused former manager of Ross Asset Management appeared in court this morning, but all aspects of the hearing were suppressed.
Three directors of Dominion Finance and North South Finance were all sentenced to at least 10 months' home detention today.
A body with the power to fine financial advisers or recommend they be deregistered will hear its first cases today.