Five Star director Bowden avoids jail
Five Star Finance director Anthony Bowden has been sentenced on Securities Act charges in the Auckland District Court today.
Five Star Finance director Anthony Bowden has been sentenced on Securities Act charges in the Auckland District Court today.
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 directors of failed company Hanover Finance are to face questions as part of a Serious Fraud Office probe, the office confirmed yesterday.
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.