Broker accused of 'money go round'
An insurance broker has denied charges he used client funds to finance his lifestyle - and gave an employee of a customer $159k in secret commissions.
An insurance broker has denied charges he used client funds to finance his lifestyle - and gave an employee of a customer $159k in secret commissions.
An Auckland stockbroker who admitted fraud has today been sentenced to six years in prison.
The former egg producer whose packaging scam put the spotlight on the NZ industry is predicting a huge drop in the availability of free-range eggs on supermarket shelves.
An egg producer who made hundreds of thousands of dollars from more than 206,000 dozen falsely labelled eggs has been sentenced to home detention.
South Canterbury Finance boss Allan Hubbard "had little interest" in meeting accounting or legal requirements, and colleagues went along with fraud, a court hears.
Bankruptcy action could be brought against Ross Asset Management investors who don't comply with any orders to return payouts.
Investors who managed to withdraw their funds in recent years from Ross Asset Management Ponzi scheme - are warned liquidators may try to claw back the cash.
Herbalife shares fell the most in three months after billionaire Bill Ackman vowed to show Enron-like fraud at the seller of supplements and weight-loss shakes.
The former chief executive of a Maori trust has been found guilty of dishonestly using the organisation's credit card to obtain about $15,000.
When two men in their 20s were recently charged in possibly Australia's biggest insider trading case, the headlines were all about the A$7 million score.
The sister of a woman jailed for fraud has won a $1.3 million damages claim against her sibling and brother-in-law in the High Court.
A Maori trust initially dealt in-house with its CEO's irregular spending of about $22,000, rather than prosecute.
In May 2012, meatworker Graham Barker bought an iPhone for $1,110. It never arrived. Two years later, Barker is still smarting about being scammed.
Former Far North Mayor Wayne Brown is confident a Serious Fraud Office investigation of the district council will not turn up any evidence of impropriety against him.
France's BNP Paribas has pleaded guilty to concealing billions of dollars in transactions for clients in Sudan, Iran and Cuba in violation of US sanctions.
While it's hard to summon up much sympathy for insurance companies, they also have a few justifiable complaints to make against their customers, writes David Chaplin.
Capital + Merchant Finance's out-of-pocket investors finally have some good news seven years after its collapse with an $18.5 million settlement announced today.
Justice Minister Judith Collins has unveiled a range of law changes to crack down on corruption, organised crime and bribery in New Zealand.
Jailed fraudster David Ross must serve at least 5 years 5 months in prison after he lost an appeal against his minimum non-parole term today.
A recent spate of counterfeit wine busts has shone a spotlight on how pervasive the problem of wine forgery might be.
A Jamaican man accused of being a violent pimp who forced women into prostitution in Australia will face trial in a Miami, Florida, court.
A woman who spent more than $1 million of her sister's money and used her Pauanui bach to get banks loans has been jailed for four years and three months.
One of New Zealand's most notorious female fraudsters has lost an appeal against her jail term for working as a prostitute while on home detention.