close
MENU
2 mins to read

ASIC takes Kiwi developer to court

ASIC has begun its prosecution of an expat businessman Peter Drake after his Gold Coast business collapsed leaving investors $800 million out of pocket.

Calida Smylie
Mon, 24 Nov 2014

The Australian Securities and Investments Commission has begun its prosecution of expat New Zealand businessman Peter Drake after his business LM Investment Management collapsed, leaving investors $A800 million out of pocket.

The Australian financial markets regulator has started proceedings in

Want to read more? It's easy.

Choose your best value subscription option

Student

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

Yearly Premium Online Subscription

NZ$499.00 / yearly

Monthly Premium Online Subscription

NZ$44.95 / monthly

Smartphone Only Subscription

NZ$24.95 / monthly

Premium Group Membership 10 Users

NZ$350+GST / monthly

$35 per user - Pay by monthly credit card debit

Premium Group Membership 20 Users

NZ$600+GST / monthly

$30 per user - Pay by monthly credit card debit

Premium Group Membership 50 Users

NZ$1250+GST / monthly

$25 per user - Pay by monthly credit card debit

Premium Group Membership 100 Users

NZ$1875+GST / monthly

$18.75 per user - Pay by monthly credit card debit

Yearly Premium Online Subscription + NBR Marketplace

NZ$499.00 / yearly

Already have an account? Login
Calida Smylie
Mon, 24 Nov 2014
© All content copyright NBR. Do not reproduce in any form without permission, even if you have a paid subscription.
ASIC takes Kiwi developer to court
43362
true