Banking and financeFraudster analyst denied bailBenjamin Anthony Kiro was convicted after pleading guilty to 23 charges at Auckland District Court this week.20 Jan 11:23 PM
Banking and financeFraudster analyst 'pulled the wool'Benjamin Anthony Kiro was a "big personality" who "pulled the wool" over people's eyes, says one man who gave him thousands of dollars to invest.19 Jan 08:10 PM
Banking and financeEx-FMA analyst's $350,000 swindleHe used Tinder to find victims and falsified his CV to get a job at Financial Markets Authority.18 Jan 09:00 PM
Banking and financeGold trading firm put into liquidationProsper Through Trading has been put into liquidation.18 Jan 03:03 AM
BDBDBanking and financeCourt upholds decision against Pakistani-owned firmThe High Court in Auckland has upheld the deregistration of Pakistani-owned foreign exchange firm Excelsior Markets.20 Dec 02:50 AM
Banking and financeNew forgery charges for ex-FMA man KiroAn ex-FMA analyst is facing a further nine charges, including for allegedly providing a forged job contract with Fonterra to rent an apartment.25 Nov 12:15 AM
Banking and financeKiwiSaver advice criticised in new FMA reportThe FMA has released a highly critical report on sales and advice practices for the financial services industry, including those selling KiwiSaver.16 Nov 09:00 PM
Banking and financeProperty developers stung by old loanTwo retired property developers are liable to the receivers of a failed finance company for $308,572 because of guarantees they gave on an eight-year-old loan.16 Nov 06:30 PM
Banking and financeLawyer pay prompts trial delay requestPaul Bublitz is seeking a delay of his theft trial so he can get money to pay for a lawyer.28 Oct 12:50 AM
OpinionBrent Sheather: Fees and AnomaliesBrent Sheather an Authorised Financial Adviser and a personal finance and investments writer talks fees and anomalies.27 Oct 11:30 PM
BDBDBanking and financeRegister undermines NZ's reputationNew Zealand's reputation as a responsible member of the world's financial community is undermined by holes in the financial services provider register.23 Oct 06:00 PM
Banking and financeInside story: Trading firm is investigatedPTT Group in the hands of court-appointed receivers.16 Oct 07:30 PM
BDBDSmall BusinessPeer lender to aim for SME marketThe Financial Markets Authority has licensed New Zealand's fourth peer-to-peer lender, Lending Crowd, which plans to offer small-to-medium sized enterprises business loans of up to $200,000.12 Oct 04:00 PM
Banking and financeCriminal history shocks clientMark Brewer has resurfaced in London with a new name but similar modus operandi.12 Oct 04:00 PM
Banking and financeTrader may have misled clients - receiverA gold and currency trading firm allegedly part of a "ponzi scheme" told customers profits were "large and instantaneous" in its sales pitch, receivers say.11 Oct 11:20 PM
BDBDBanking and financeFormer SPGI director Mark Turnock pleads guiltyMark Turnock, former company director of SPG Investment Company No 1 (SPGI), has pleaded guilty to a charge of false financial statements.09 Oct 12:45 AM
OpinionCrowdfunding scene fit to burstHow many equity crowdfunding platforms is too many equity crowdfunding platforms?08 Oct 04:00 PM
Banking and financeNew Kiwisaver education plan comingThe FMA is worried KiwiSavers don't know enough about where and how their billions are invested.05 Oct 10:10 PM
Banking and financePain was necessary to get it right: FMAA once-in-a-generation overhaul of capital markets regulation has been sometimes painful and the Financial Markets Authority has copped "pushback" from the industry, says its chief executive, Rob Everett.02 Oct 04:00 PM
Banking and financeForex firm appeals FMA deregistrationAn Auckland forex trading firm owned by a Pakistani national is challenging its deregistration by the FMA.29 Sep 12:30 AM
Banking and financeLuxury cars among assets frozen in FMA probeLuxury cars are among $1.6m of assets frozen as part of a probe into company Prosper Through Trading.20 Sep 09:15 PM
Banking and financeMoney man on forgery chargesA Financial Markets Authority analyst has been charged with forging an academic record to get his job and then stealing nearly $210,000. in a scheme.18 Sep 05:00 PM
BDBDBanking and financeFears for equity crowdfundingNew Zealand's nascent equity crowdfunding market may be heading for a shakeout as an eighth platform, Property Mogul, seeks regulatory clearance to start operations.09 Sep 05:00 PM
Banking and financePerpetual Trust suit back on trackPerpetual Trust, formerly owned by Pyne Gould Corporation, was C+M's trustee, tasked with protecting the interest of investors.06 Sep 05:00 PM
Banking and financeAssets frozen, couple seek more moneyA couple whose assets were frozen amidst a regulator's probe are allowed $1000 per week for their living expenses but want access to more.04 Sep 01:53 AM
Banking and financeHigh Court bid to keep Petricevic in jailThe Sensible Sentencing Trust says the early release of a fraudster sets a dangerous precedent on how white collar criminals are punished.03 Sep 01:25 AM
Banking and financeDisgraced boss to be releasedRod Petricevic is serving a 6 years and 10 months sentence for misleading investors and using company funds to buy a luxury boat.25 Aug 01:01 AM
Banking and financeScammed: Kiwis lose millionsA group of mostly Nelson investors face losing $2m after the collapse of a Colombian gold mining scheme.24 Aug 06:12 PM
BDBDBanking and financeFMA anticipates wave of appealsThe FMA is expecting a wave of appeals after deregistering 100 companies from the Financial Service Providers register, as it awaits a High Court ruling on Vivier & Co's appeal.24 Aug 05:00 PM
BDBDBanking and financeLuigi Wewege firm appeals FMA decisionVivier & Co, which has one-time political operator Luigi Wewege as a director, says the FMA used an 'inflammatory article' to strip it of registration.24 Aug 02:20 AM
Banking and financeWewege firm FMA appeal beginsA firm directed by Luigi Wewege will today appeal being kicked off the Financial Service Providers Register by the FMA.23 Aug 09:25 PM
Banking and financeFinance co. directors enter guilty pleasThe directors of OPI Pacific Finance, which collapsed owing $247m, have pleaded guilty to making untrue statements.21 Aug 03:12 AM
