
Investors due finance company refunds, says Commission
The Securities Commission says that many Finance Company investors are entitled to refunds on their investments.
The Securities Commission says that many Finance Company investors are entitled to refunds on their investments.
A blonde model was having a relationship with disgraced Bridgecorp boss Rod Petricevic when he allegedly signed off more than $1 million in "dishonest" payments to her, according to investigators.
Mark Bryers, who earns over $100,000 a year and lives in a $2.5m apartment in Sydney, owes $235 million, court files show.
Blue Chip founder Mark Bryers has apologised to investors who struggle to make ends meet while he continues to be paid up to $12,000 a month.
No one got what they wanted yesterday - not Mark Bryers or 30-odd investors who spilled out of courtroom 11.
Mark Bryers pleaded guilty to 34 charges relating to book-keeping and record-keeping failures, as well as failing to attend a creditors' meeting.
Failed finance company Blue Chip boss Mark Bryers sentenced to 75 hours' community work and a fine of $37,490, plus court costs.
Auckland socialite Amanda Hotchin has clearly never heard - or possibly even cares about - the Marie Antoinette syndrome.
Failed Hanover Finance director Mark Hotchin's unfiinished mansion is big enough to contain 13 average houses just on its floor space.
Angry neighbours say Hanover Finance director Mark Hotchin's $30m mansion has wiped hundreds of thousands of dollars off their own property values.
Finance company GE is likely to appeal a court decision that its loans to two retired Blue Chip investors are "oppressive".
The Securities Commission has appointed an inspector to probe the collapse of the country's second-largest finance company.
The qualities that helped Craig Norgate reshape New Zealand's rural landscape have contributed to his undoing.