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Law
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Penrich Capital director Kelly Tonkin pleads guilty to fraud

Investors told there is little chance of getting their money back.

Emma Dangerfield
Fri, 18 Jun 2021

Christchurch-based Penrich Capital director Kelly Tonkin has pleaded guilty on charges relating to a hedge fund he was responsible for.

Tonkin appeared in the Christchurch District Court on Friday in one of the country’s most significant single fraud cases.

In March, the Serious Fraud

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Emma Dangerfield
Fri, 18 Jun 2021
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Penrich Capital director Kelly Tonkin pleads guilty to fraud
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