Five Star directors in jail for Xmas
Five Star Finance directors Nicholas Kirk and Marcus MacDonald have both been sent to jail for more than two years. They are believed to be the first directors of collapsed finance companies to go to jail.
Five Star Finance directors Nicholas Kirk and Marcus MacDonald have both been sent to jail for more than two years. They are believed to be the first directors of collapsed finance companies to go to jail.
Jetsetting businessman Eric Watson, the co-founder of failed Hanover Finance, is in the sights of the Securities Commission and a lawyer representing desperate investors after the assets of co-founder Mark Hotchin were frozen this week.
Two men were back in court today facing more 300 charges relating to defrauding the former North Shore City Council of more than $800,000.
The swirl of official investigations surrounding failed finance company Rockforte is growing, with the Serious Fraud Office confirming a probe that will almost certainly shed light on the failure of the Jean Jones clothing chain.
An Auckland couple charged with a $15 million fraud have been bailed to a Coromandel getaway.
The Serious Fraud Office has laid charges against two directors of collapsed finance company Capital + Merchant.
The SFO has laid a raft of charges against Auckland couple Mike and Jackie Bradley accused of fleecing more than 80 investors of nearly $15m.
The directors of failed company Hanover Finance are to face questions as part of a Serious Fraud Office probe, the office confirmed yesterday.
A Green Acres franchisee who ripped off hundreds of new immigrants by up to $25k each has been jailed for more than three years.
The SFO has laid eight charges against Malcolm David Mason and another individual over corrupt property transactions involving the ACC.
Pair face hundreds of charges over roading work paid for but allegedly never done.
The Serious Fraud Office has announced that two North Shore City Council workers have been charged in a $840,000 corruption case.
Last week's story on the SFO has prompted a response from former director David Bradshaw.
A real estate agent who bought a $1.27 million home with a complete stranger was a victim of an elaborate property scam and has been left with a $600,000 debt.
A former Auckland Barfoot & Thompson real estate agent has been found guilty of mortgage fraud totalling $13 million.