Latest fromFraud

UBS to pay $1.5b for rate-rigging
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 'motivated by naked greed'
Conman Loizos Michaels has been sentenced to eight years in prison after he "manipulated his victims for greed''.

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

Ex-SFO lawyer's fall from grace
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.

Friends 'easy pickings' for fraudster
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.

Spying fiasco went right to the top
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".

Complaint over lawyer's treatment
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.

Grandmother used forgery to get at cash
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.

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

Adviser jailed for stealing $4.7m
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.

Judge rejects Hawke's remorse
Michelle Hawke lived in the country's most expensive state house and paid only $90 a week - and despite her claims of remorse the judge sentencing her for benefit fraud was unconvinced.

Madoff whistleblower to speak in NZ (+video)
A visit to New Zealand by the man who blew the whistle on Bernie Madoff is "timely", says the SFO's acting chief executive.

Beneficiary in $1.3m house sentenced
An Auckland woman who lived in New Zealand's most expensive state house has been sentenced to nine months home detention for benefit fraud.

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

Conman in 'fantasy world'
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.

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

Would I lie to you?
Loizos Michaels could talk the shirt off your back and the money from your bank account.

Convicted conman could be extradited
Australian authorities will get the full cooperation of New Zealand investigators if they choose to extradite the conman convicted of a $3 million fraud.

Conman 'played a brazen scam'
A victim of Loizos Michaels clapped as the "brazen" conman was led into the cells.

'Poor little rich boy' gets home detention
A fallen property hotshot wants to move on after escaping a prison sentence for faking documents to try to save his friend from bankruptcy.