![State of mind key issue in Belgrave lawyer case](/pf/resources/images/placeholders/placeholder_l.png?d=810)
State of mind key issue in Belgrave lawyer case
Defence denies former mayor helped form a plan to solicit funds in contravention of Belgrave Finance's trust deed.
Defence denies former mayor helped form a plan to solicit funds in contravention of Belgrave Finance's trust deed.
A former mayor and lawyer is accused of helping a property developer hide his identity so he could borrow millions from a failed finance company.
The FMA has dropped civil proceedings against four Lombard directors as the failed finance company's receivers have reached a $10 million settlement with the men, their insurers and an unnamed "third party".
Auckland property developer Malcolm Mayer has been sent to jail for 6 years for a $47m mortgage fraud.
Sweeping changes to securities law have undermined the custodial sentences handed out to former directors of Lombard, the Supreme Court has heard.
The banker who stole $18 million from clients is "deeply remorseful and ashamed" about his offending, according to the Parole Board report which confirms his release.
The country's market regulator wants to withdraw a disciplinary complaint against fraudster David Ross.
A victim of an "incompetent" foreign exchange trader whose scheme inflicted losses of about $1.5m says his quality of life took a hit when his "significant" portfolio vanished.
Thousands of dollars worth of roading materials destined for a ratepayer-funded project were delivered to home renovations of a senior council manager, a whistleblower claims.
A bankrupt property developer who used fronts and false information to borrow money as part of a $50 million loan scheme has been found guilty this morning.
Agency failed to consider key evidence in $1.7 billion South Canterbury Finance investigation.
Police asset freezing action against two jailed Capital + Merchant directors is unprecedented.
A High Court judge has made restraining orders over property linked to two jailed Capital + Merchant Finance directors, with the police looking to eventually seize the assets.
Ponzi-scheme operator David Ross, who committed one of NZ's biggest financial swindles, has been handed more jail time than anyone else to face a Serious Fraud Office prosecution.
The man behind NZ's largest Ponzi scheme has been sentenced to 10 years and 10 months in jail - a punishment deemed too lenient by one of his victims.
Jailed Bridgecorp director Rob Roest still regards himself as innocent, three judges said today as they tossed out his appeal.
A month ago Simon Everett was driving a Lexus. Now, since family company Blacktop Construction went into receivership, he's having to ask for handouts to survive.
An Auckland property developer defending fraud allegations told a journalist in 2009 that he'd misled a trustee company caught up in an alleged $50 million loan scam, a court has heard.
Malcolm Mayer told a journalist in 2009 that he'd misled a trustee company caught in an alleged $50 million loan scam, a court heard today.
The Serious Fraud Office is investigating a North Shore residential property development deal after angry investors cried out that places were never built.
A second senior manager has left Auckland Transport weeks after his hard drive was seized as a major corruption inquiry continues.
The Serious Fraud Office has executed search warrants in its probe of people linked to Auckland Transport.
A trustee company caught in an alleged loan scam advanced $21 million to a property developer or his associates after concerns with a set of borrowers were discussed by staff, a court heard yesterday.
A bankrupt property developer allegedly used fronts and false information to borrow more than he otherwise could have as part of a $50 million loan scheme, a court has heard.
A bankrupt property developer allegedly used fronts and gave false information as part of a $50 million loan scheme, a court has heard.
The second trial of a bankrupt Auckland property developer facing fraud charges over an alleged $50 million loan scam is due to begin this week after the first was aborted.
The last of the Rockforte trio facing fraud charges has pleaded guilty, wrapping up another failed finance company case.