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General Business
3 mins to read

Financial adviser who stole funds has licence cancelled

It is the first time the FMA has cancelled a financial advice provider licence.

A financial adviser who stole $36,000 from his former employer and falsely held himself out as an authorised financial adviser has had his new firm’s transitional licence cancelled by the Financial Markets Authority.

It is the first time the FMA has cancelled a financial advice provider

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Hamish McNicol Mon, 13 Dec 2021
Contact the Writer: Hmcnicol@nbr.co.nz
News tip? Question? Typo? Let us know: editor@nbr.co.nz
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Financial adviser who stole funds has licence cancelled
General Business,
90033
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