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Hot Topic Hawke’s Bay
Hot Topic Hawke’s Bay
Law
4 mins to read

Validus promoter dismisses regulator’s warnings as ‘rubbish’

Controversial multi-level marketing scheme held another event over the weekend; NBR was kicked out before it even started.

Timote Makaui at Saturday’s Validus event.

A high-level Validus promoter has dismissed the countless warnings raised about the multi-level marketing scheme by regulators on both sides of the Tasman. 

The Financial Markets Authority issued a warning on Friday about a promotional event that was taking place at Auckland’s Jet Park Hotel on

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Nicholas Pointon Mon, 13 Feb 2023
Contact the Writer: nicholas@nbr.co.nz
News tip? Question? Typo? Let us know: editor@nbr.co.nz
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Validus promoter dismisses regulator’s warnings as ‘rubbish’
Law,
97649
true