A visit to New Zealand by the man who blew the whistle on Bernie Madoff is "timely", says the SFO's acting chief executive.

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

If it is determined that David Ross was running a Ponzi scheme, investors face a major legal fight to recover their funds, says investor spokesman Bruce Tichbon.

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

Loizos Michaels could talk the shirt off your back and the money from your bank account.

A fallen property hotshot wants to move on after escaping a prison sentence for faking documents to try to save his friend from bankruptcy.

Embattled Wellington financial advisor David Ross has been released from hospital.

Investors feel betrayed by failure of Ross Asset Management and its manager.

Liquidators could reclaim 'inflated' payouts from collapsed fund manager to redistribute.

The SFO is investigating fund manager David Ross and his firm after receivers found records for $10.2 million of the $449.6 million he purportedly managed.

An alleged conman says a meeting in a Marcos racing car, in which he was said to have pocketed thousands of dollars from a film executive, never took place.

Loizos Michaels' allegedly managed to take over $3 million from his victims, including casino executives and owners of luxury apartments.

Bridgecorp was insolvent from at least February 2006 - a year and a half before it collapsed, its receiver alleges in civil action against three former directors.

A woman living in the country's most valuable state house cheated WINZ out of more than $88,000 by hiding her relationship for six years.

One of the biggest civil court actions in New Zealand legal history has been filed against former directors of the failed finance company Bridgecorp.

A 58-year-old Auckland women is facing numerous Crimes Act charges after she allegedly spent $1 million belonging to her sister.

Six people have been arrested over a $1.6 million invoice scam which involved the sale of advertising in magazines that did not exist or were not as widely circulated as claimed.

The Serious Fraud Office has charged options trader Greg Arnott for using some $2.5 million of investor funds for other purposes, and may charge another person.