Rod Petricevic is to face charges relating to the fraudulent acquisition of a $1.8 million luxury boat and another matter, the SFO said today.

The Serious Fraud Office is investigating claims that Bridgecorp boss Rod Petricevic used investors' money to pay $1m to a company run by a woman he was in a relationship with.

Failed business dealings and pending court charges may not preclude a foreign purchase of NZ dairy farms.

The wife of the $18 million ASB fraudster has spoken of her pain as other family lash out at the big-spending criminal.

Firms were given a break when investors allowed them to delay payments. So how are they faring now, asks Tamsyn Parker.

The ASB bank investment adviser who stole $17.8m charged his parents interest on a loan to move into a retirement home - then asked for the money back when his fraud was discovered.

Investors owed millions of dollars by a NZ man want to know why he appears to have gone unpunished, despite being charged with fraud in the US.

The Serious Fraud Office expects to know by the end of March what further action it will take on finance companies under investigation.

If it wasn't for Bernie Madoff, Stephen Versalko could still be stealing millions.

A victim of Stephen Versalko's $17.8 million fraud has spoken of the day she was told he had been "naughty" and had defrauded her and 25 other investors out of millions of dollars.

The scale of the fraud makes Stephen Versalko's case the largest single employment theft in New Zealand history.