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Law
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FMA places a temporary ban on Validus

Stop order on the multi-level marketing scheme follows an ongoing investigation by NBR.

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
News tip? Question? Typo? Let us know: editor@nbr.co.nz
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FMA places a temporary ban on Validus
Law,
97707
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