close
MENU
Law
2 mins to read

Court date nears for ponzi scheme accused

The liquidators have received 28 unsecured claims totalling $9.7 million.

Dane Ambler Tue, 19 Feb 2019

A foreign exchange trader accused of running a ponzi scheme to defraud his clients of more than $7 million is due to appear in court next month.

The Serious Fraud Office alleges Kelvin Clive Wood operated the scheme from January 2010 to May 2017, using new investors’ funds to pay other

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
Contact the Writer: dane@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.
Court date nears for ponzi scheme accused
Law,
78211
true