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 plan is hatched and sounds sensible,'' New Zealand's Darrell Read told Tokyo trader Tom Hayes - an alleged co-conspirator in the Libor rates rigging scandal

A Christchurch financial adviser whose clients lost $6 million in Ross Asset Management's collapse has been censured and fined $4000.

A corruption inquiry at Auckland Transport has widened as a manager under suspicion has gone on sick leave.

The incoming boss of the Serious Fraud Office has a "strong pedigree in criminal prosecutions" and is a great fit for the job, says her counterpart at the FMA.

The new boss for the Serious Fraud Office has been named as Australian Julie Read.

Auckland Transport has sacked a senior manager amid an investigation into allegations of corruption over roading contracts.

An Auckland financial adviser accused of stealing $3 million of investors' money has been charged today.

David Ross had the outward appearance of a successful businessman - he lived in a $2.2 million home, owned expensive paintings, drove a Mercedes, and told clients he holidayed around the world.

An Auckland businesswoman alleged to be at the centre of a $9.2 million mortgage ramping scheme involving her siblings and friends has pleaded not guilty to 26 charges.

Wellington financial adviser David Ross pleads guilty to charges relating to running a Ponzi scheme.

Five Star founder Neill Williams has had 17 months added to his jail sentence for what prosecutors called "very cynical fraud".

Auckland Transport has called on external investigators to guide its inquiry into corruption claims and has stood down a senior manager on indefinite leave.

Three directors of Dominion Finance and North South Finance were all sentenced to at least 10 months' home detention today.

Two large public transport organisations - Auckland Transport and KiwiRail - are holding inquiries into separate allegations of corruption over contracts.

A lawyer struck off over accusations of stealing nearly $3 million from clients has had 33 criminal charges laid against him.

A 42-year-old foreign exchange trader has pleaded guilty to stealing from investors that included his family and friends.

Shares in Wynyard Group gained ground after the intelligence software developer signed up the Serious Fraud Office as its latest customer for an undisclosed sum.