The wife of Hanover Finance boss Mark Hotchin, Amanda, says she has been wrongly portrayed in the media.

Hanover Finance shareholders Mark Hotchin and Eric Watson were the major business notables to fall from grace.

The Serious Fraud Office has opened a probe into the dealings of failed minor lender Mutual Finance Ltd.

Burned Hanover Finance investor George Craddock will be working on Christmas Day - a decision the 58-year-old says he has no control over.

The finance company sector has a "legacy of problem loans" that are proving difficult to dispose of or recover despite improvements in profitability, margins and volume growth this year.

Hanover Finance founder Mark Hotchin has had his bid to transport a Mercedes and a Porsche to Australia rejected, in the High Court at Auckland today. He withdrew his application for more than $1000 a week in allowance.

Mark Hotchin is living a life few Kiwis could dream of, despite a court order freezing his NZ assets.

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.

Interests closely associated with Mark Hotchin still control an opulent $9.8m Waiheke Island beachhead.

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.

The Serious Fraud Office has laid charges against two directors of collapsed finance company Capital + Merchant.

All the moaning about the Securities Commission being a bunch of useless layabouts has finally paid off with the release of this truly depressing communiqué.