Three Auckland Ray White agencies go into liquidation owing $5.3m to creditors including IRD
“The company [all firms] experienced a prolonged decline in trading performance arising from adverse market conditions. Sales volumes…
East Wind $53m Ponzi scheme: Former finance manager Yuko Hanyu guilty of overseeing investment scam
Hanyu had worked with Ashikaga to obtain funds from investors, relying on false statements about their financial products…
FMG admits misleading insurance charges after FMA investigation, pays back $5.3m to customers
The insurer acknowledged that it had made misleading representations about the need to specify items and the additional…
East Wind $53m Ponzi scheme: Liquidators say investors to get almost nothing
Warning flags included East Wind offering fixed-interest currency trading investments, usually a highly volatile asset class and also…