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Hot Topic Hawke’s Bay
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

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Tim Hunter Fri, 26 Jul 2019
Contact the Writer: thunter@nbr.co.nz
News tip? Question? Typo? Let us know: editor@nbr.co.nz
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Tags
Macquarie Bank anz FMA Courts Fraud Tony Noel Lusby
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Banks are masters of the waiting game
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