Article tagged with 'ponzi'
-
Kloogh investors told they will only get 2c in the $1 back
20 Sep 2023 - Investors who invested in Barry Kloogh’s Ponzi scheme have been told they can expect to only get about 2c in the dollar back.
-
Kloogh investors lose most of their money
13 Mar 2022 - Clients of disgraced financial planner Barry Kloogh are only likely to get back 2.5c for every dollar invested.
-
Majority of Ross Asset Management investors win bigger payout
07 Jan 2022 - Victims of the Ross Asset Management Ponzi scheme have won a court battle to get a bigger payout.
-
ANZ makes confidential deal with Ross victims
23 Aug 2021 - ANZ has made a deal to end a multi-million dollar lawsuit against it by victims of the Ross Asset Management ponzi scheme.
-
US fraudster dies in prison
15 Apr 2021 - Infamous US fraudster Bernie Madoff has died in a federal prison in North Carolina.
-
Ponzi perpetrator Barry Kloogh not forced to pay reparations
12 Jan 2021 - The former financial adviser who stole $15.7 million from his clients will not be forced to pay over $5 million in reparations.
-
Kloogh sentenced to prison
31 Jul 2020 - Former financial adviser Barry Kloogh has been sentenced to eight years and 10 months in prison.
-
Judge keeps Ross ponzi class action alive
06 May 2020 - The High Court at Wellington has declined ANZ Bank’s attempt to get a suit from more than 500 investors of failed Ross Asset Management thrown out early.
-
Kloogh gets sentencing date
30 Apr 2020 - One final charge against financial adviser Barry Kloogh has been withdrawn, meaning he will be sentenced at the end of July.
-
Financial adviser Barry Kloogh pleads guilty
12 Mar 2020 - Financial adviser Barry Kloogh has pleaded guilty.