close
MENU
How to guide
How to guide
Home
NBR Marketplace
The NBR List
NBR Video

Categories

General Business Investment Economics Te Ao Māori Politics Infrastructure Australia Tech & Innovation Finance Law Professional Services Primary Industries Retail Property Deals Aviation News Comings & Goings

Analysis

All Economy Matters Edwards on Politics Hunter’s Corner Last Word Margin Call On the Money Shoeshine Underarm NBR Focus

Featured

Podcasts Morning Brew The Grind Entrepreneurs Your Business Beehive Banter Toil & Trouble Market Outlook Dollars & Sense Private Bin Audio Articles NZ Aviation News Back Issues Opinion (Archive) NBR Radar (Archive) NBR Rich List (Archive)
Hunter’s Corner
6 mins to read
4

Banks are masters of the waiting game

It takes years to bring a claim against a bank, as two investor groups have found.

Tim Hunter Fri, 26 Jul 2019

So you got ripped off in a ponzi scheme, got nothing back from the liquidator, waited years for the regulator to pursue the ponzi’s banker through the courts on a technicality, then had to agree to pay a litigation funder an arm and half a bodily organ to get your case to court?

You were

Want to read more? It's easy.

Choose your best value subscription option

Student

Exclusive FREE offer for uni students studying at a New Zealand university (valued at $499).
View terms and conditions.
Individual
Group membership
NBR Marketplace

Yearly Premium Online Subscription

NZ$499.00 / yearly

Smartphone Only Annual Subscription

NZ$299.00 / yearly

Monthly Premium Online Subscription

NZ$49.95 / monthly

Smartphone Only Subscription

NZ$29.95 / monthly

Premium Group Membership 10 Users

NZ$385+GST / monthly

$38.5 per user - Pay by monthly credit card debit

Premium Group Membership 20 Users

NZ$660+GST / monthly

$33 per user - Pay by monthly credit card debit

Premium Group Membership 50 Users

NZ$1375+GST / monthly

$27.5 per user - Pay by monthly credit card debit

Premium Group Membership 100 Users

NZ$2100+GST / monthly

$21 per user - Pay by monthly credit card debit

Yearly Premium Online Subscription + NBR Marketplace

NZ$499.00 / yearly

Already have an account? Login
Tim Hunter Fri, 26 Jul 2019
Contact the Writer: thunter@nbr.co.nz
News tip? Question? Typo? Let us know: editor@nbr.co.nz
© All content copyright NBR. Do not reproduce in any form without permission, even if you have a paid subscription.
Tags
Macquarie Bank anz FMA Courts Fraud Tony Noel Lusby
Related News
General Business
4

Supreme Court rules against Ponzi scheme banker ANZ

Investors take Macquarie suit to Australia after losing more than $12m
Related News
General Business
4

Supreme Court rules against Ponzi scheme banker ANZ

Investors take Macquarie suit to Australia after losing more than $12m
Banks are masters of the waiting game
Hunter’s Corner,Analysis,
80180
true
Subscribe Login