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.
Today’s Mind-Bender is the Last of the Year! Can You Guess It Before Everyone Else? 🌟🎁🌲
I dance in the sky with green and gold, a spectacle few are lucky to behold; I’m best seen in the south, a celestial sight—what am I, lighting up the New Zealand night?
Do you think you know the answer? Simply 'Like' this post and we'll post the answer in the comments below at 2pm on the day!
Want to stop seeing these in your newsfeed? No worries! Simply head here and click once on the Following button.
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?
-
79% Yes! It's better to regift what I don't need
-
21% No. It's the thought and effort that matters
Create a Stunning Stain Feature Wall with Resene Colorwood
Transform your living room into a work of art with Resene Colorwood wood stains. Find out how to create your own stain feature wall with these easy step by step instructions.
Loading…
