![NZ firms told to pay up $53m](/pf/resources/images/placeholders/placeholder_l.png?d=794)
NZ firms told to pay up $53m
A US judge has ordered two NZ incorporated companies to pay US$40 million to 200 American investors for running a "mini Ponzi scheme".
A US judge has ordered two NZ incorporated companies to pay US$40 million to 200 American investors for running a "mini Ponzi scheme".
A syndicate of scammers buys a luxury lifestyle after obtaining the credit card details of genuine bank customers.
Eighty-one per cent of New Zealanders are happy to use fingerprint scans to prove their identity and 68% are willing to have their eyes scanned.
A jury has begun deciding the fate of the two Bear Stearns managers whose hedge funds imploded in 2007, marking the start of the financial crisis.
A man is facing allegations he lived off the taxpayer in state housing while he was a landlord owning two properties.
One of Auckland's poshest hotels has turfed out a high-profile socialite, saying her erratic behaviour has scared guests and staff.
The early release from prison for a man who faked his own death has upset former friends and the family he abandoned.