FMA places a temporary ban on Validus
Stop order on the multi-level marketing scheme follows an ongoing investigation by NBR.
Nicholas Pointon
Thu, 16 Feb 2023
Hot Topic
Hawke’s Bay
The Financial Markets Authority has placed an interim stop order on the Validus multi-level marketing scheme and the people promoting it.
NBR has followed the rise of Validus within the country’s Tongan community, and has raised red flags about how it operates, the chequered pasts of the people
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Nicholas Pointon
Thu, 16 Feb 2023
Contact the Writer: nicholas@nbr.co.nz
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