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Law
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‘Biggest scammer out there’ pinged $6m for running pyramid scheme

Brazen offending that targeted Māori and Pasifika people leads to massive penalty, though Shelly Cullen is not in New Zealand to pay it.

Shelly Cullen.

Dita De Boni Wed, 26 Jun 2024

A woman who promoted a cryptocurrency scheme that saw 83% of the Māori and Pasifika people targeted lose their money has been ordered to pay $5.9m in the Auckland District Court.

Shelly Cullen’s penalty is the combination of a $600,000 fine – the largest ever criminal fine issued to an

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Dita De Boni Wed, 26 Jun 2024
Contact the Writer: dita@nbr.co.nz
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‘Biggest scammer out there’ pinged $6m for running pyramid scheme
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