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Hot Topic Hawke’s Bay
Hot Topic Hawke’s Bay
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

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Court date nears for ponzi scheme accused
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