A Kiwi widower who was scammed out of $1m by an Australian online dating service is living in virtual poverty.

A New Zealand attorney at a New York law firm has become embroiled in a major insider trading case which could see a former Australian mate jailed for 20 years.

Swiss banking giant UBS has agreed to pay $1.5b in fines for its role in trying to manipulate the key LIBOR interest rate.

Conman Loizos Michaels has been sentenced to eight years in prison after he "manipulated his victims for greed''.

Former property developer and insurance broker Marcus Friedlander has been sentenced to seven months home detention after he attempted to hoodwink investors.

The former high-flying barrister was one of a select few to be honoured with a Queen's Diamond Jubilee SPCA Volunteer Medal at the Government House ceremony, in recognition of her outstanding contribution to animal cruelty prevention.

A Mosgiel man who fleeced long-time friends and members of his church of $300,000 has been sent to prison for three years and four months on fraud charges.

Self-described business coach Shane Wenzel has been sent to jail for three years for mortgage fraud.

The victims of fraudster Brent Murray say they are happy to see some justice done, even though they believe they will never get their money back.

The police-organised crime squad that carried out the Kim Dotcom raid has given briefings to a high-powered group charged with protecting New Zealand's "national security".

The New Zealand Law Society is investigating a complaint over the way a former top barrister and prosecutor was treated in the Auckland District Court this week.

A man was cheated out of inheriting his father's $400,000 life insurance by his grandmother and another woman who spent some of the money, a court has heard.

A financial adviser stole $4.7m from investors and spent some of the money on a lavish lifestyle that included three Porsche sports cars.

A financial adviser has been sentenced to six years and two months in prison after stealing $4.7 million from investors, many of whom were family and friends.

A visit to New Zealand by the man who blew the whistle on Bernie Madoff is "timely", says the SFO's acting chief executive.

A US financial fraud investigator who blew the whistle on a multi-billion Ponzi scheme run by Bernie Madoff will speak in New Zealand early next year.

An Auckland woman who lived in New Zealand's most expensive state house has been sentenced to nine months home detention for benefit fraud.

One of the criminal figures depicted in the Australian TV series Underbelly planned retribution against confidence trickster Loizos Michaels' partner in crime.

Serial conman Loizos Michaels cheated his own parents-in-law out of $50,000 on his way to stealing $3 million from other friends and acquaintances, his wife has revealed.

A well-paid doctor has been sentenced in court for attempting to squeeze a little more money out of ACC.

Loizos Michaels could talk the shirt off your back and the money from your bank account.