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.

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.

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.

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.

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 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.

The length of David Ross' minimum non-parole period is "crushing" says his lawyer, who applied to the Court of Appeal for it to be reduced.

The Serious Fraud Office says it has found no criminal offending at Te Pataka Ohanga, the subsidiary of the Kohanga Reo National Trust.

Phone companies have revealed the extent of Govt agency spying on their networks, with more than 70 secret wire taps last year in New Zealand alone.

Police have made a formal bid in the High Court to seize property they allege is associated with a failed finance company director.

The former building manager of luxury high-rise apartment tower Metropolis says a Serious Fraud Office inquiry has found nothing untoward.

A previously unnamed defendant in the latest failed finance company case can now be identified as a Auckland property developer.

The NZ Institute of Chartered Accountants brought disciplinary proceedings against a jailed and bankrupt finance company director - who is no longer a member.

A man who duped a family into buying properties will spend Easter in jail after attempt for an appeal against his sentence failed this morning.

A now-disbarred lawyer accused of helping a property developer borrow millions of dollars from a finance company cannot argue he was an innocent agent, says the Crown in its closing submissions.