Two companies owing millions placed in liquidation
Two companies owing $12 million have been placed in liquidation, with investigators quiet on whether a financial advisor was behind an alleged ponzi scheme.
The judge noted an appearance "seems unlikely" as the court registrar called the name of two companies on Thursday.
And he was right. No-one from Financial Planning Ltd or Impact Enterprises Ltd attended the hearing before Associate Judge Dale Lester in the High Court of Dunedin.
Notably absent was Barry Kloogh, the Dunedin-based financial advisor who at least one investor alleges was behind a ponzi scheme.
Poll: Is it ok to regift something that you have been given?
🎁 Holiday Gift Chat!
Do you ever regift?
What’s your take on asking for a receipt if a gift doesn’t fit?
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79.8% Yes! It's better to regift what I don't need
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20.2% No. It's the thought and effort that matters
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Scam Alert: Fake information regarding December Bonuses from MSD
The Ministry of Social Development is reporting that fake information is circulating about new ‘December bonuses’ or ‘benefit increases’
If you get suspicious communication, please contact Netsafe.
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