All posts tagged "Media Watch"

  • Meccano in voluntary administration
    Meccano in voluntary administration

    Meccano menswear is the latest retailer to face trouble, being placed in voluntary administration this morning. Director Vere Sharma, who bought the business in April 2016, said he was disappointed but the decision had not been made...

    • Posted February 21, 2018
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  • The Grocer's Market suppliers owed $250k
    The Grocer’s Market suppliers owed $250k

    The Grocer's Market owes $250,000 to at least 30 suppliers and has not paid 15 staff, the liquidator of its contract holding company says. Waterstone Insolvency principal Damien Grant was appointed to liquidate TGM Trading on Monday...

    • Posted February 21, 2018
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  • Large fine for mobile trader already in liquidation
    Large fine for mobile trader already in liquidation

    A mobile trader, that has been in liquidation for nearly a year, has been fined more than $100,000 for misleading consumers. Auckland-based Appenture Marketing was fined $114,000 in the Auckland District Court on Friday, for misleading consumers...

    • Posted February 8, 2018
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  • $17.5 million Ponzi schemer Paul Hibbs may have hidden cash overseas
    $17.5 million Ponzi schemer Paul Hibbs may have hidden cash overseas

    A fraudster who stole millions of dollars in a Ponzi scheme that robbed elderly people of their life savings is thought to have hidden large amounts of cash in Australia and the Caribbean. Paul Clifford Hibbs faces...

    • Posted February 7, 2018
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  • Carer pleads guilty to theft of thousands of dollars from dying man
    Carer pleads guilty to theft of thousands of dollars from dying man

    A ''cold and manipulative'' carer who stole from a vulnerable Stratford man has been ordered to pay reparation. Terrence Alvyn Cooksley, 68, pleaded guilty to a charge of theft by a person in a special relationship and...

    • Posted February 7, 2018
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  • Hamilton airport operator buys hotel out of messy receivership
    Hamilton airport operator buys hotel out of messy receivership

    Waikato Regional Airport, which operates Hamilton airport, bought the Hamilton Airport Hotel and Conference Centre out of messy receivership for $3 million as it seeks to cut its reliance on regulated transport revenue. The airport operator, owned...

    • Posted February 7, 2018
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  • Christchurch woman Jasmine Carole Lasseter admits Trade Me fraud
    Christchurch woman Jasmine Carole Lasseter admits Trade Me fraud, keeps offending on bail

    An online cheat caught falsely selling items on Trade Me kept offending while on bail. Christchurch woman Jasmine Carole Lasseter is in custody awaiting sentencing after admitting a total of 19 charges. Police have hinted they may...

    • Posted January 18, 2018
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  • Andrea Moore collapsed owing millions to creditors
    Andrea Moore collapsed owing millions to creditors

    Kiwi fashion label Andrea Moore collapsed owing more than $2.5 million. The company went into liquidation and receivership on January 9, citing "highly damaging" late deliveries, "crippling" creditor payment defaults, and extensive roadworks for its downfall. On...

    • Posted January 17, 2018
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  • Liquidators for Ross Asset Management file proceedings against investors
    Liquidators for Ross Asset Management file proceedings against investors

    The liquidators for Ross Asset Management have filed legal proceedings against 10 former investors as it gets closer to paying jilted investors in the country's biggest ever Ponzi scheme. In their latest report on the Ross group,...

    • Posted January 17, 2018
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  • Banks Shoes chain sold for $2.3 million
    Banks Shoes chain sold for $2.3 million, covering BNZ loan

    Failed footwear chain Banks Group's business sold for $2.3 million to a group of investors led by the former owner's son Jeremy Bank, all but covering an outstanding loan to Bank of New Zealand. The latest report...

    • Posted January 17, 2018
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  • Auckland auction house Mossgreen-Webb's in liquidation
    Auckland auction house Mossgreen-Webb’s in liquidation

    One of country's most well-known auction houses is in liquidation. It follows the Australian owner of Mossgreen-Webb's being put into voluntary administration just before Christmas. Melbourne-headquartered Mossgreen, which bought Webb's auction house in Parnell in 2015, owes...

    • Posted January 16, 2018
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  • Failed recycling boss guilty of $385k tax rort
    Failed recycling boss guilty of $385k tax rort

    A former Ferrari-driving recycling boss whose taxpayer-funded companies collapsed causing more than $10m in losses has pleaded guilty to ripping off the taxman. In barely audible pleas yesterday at the Auckland District Court Joseph Capizzi admitted to...

    • Posted January 16, 2018
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  • Shop manager faces jail time over marble furniture racket
    Shop manager faces jail time over marble furniture racket

    A sales manager at a shop that makes marble furniture has been caught ordering items and pocketing the cash. Quentin Kyle Richards, 33, was working at a shop in Christchurch when he commissioned several pieces of marble...

    • Posted January 15, 2018
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  • Fraud complaint laid against Christchurch car dealer Nigel Thompson
    Fraud complaint laid against Christchurch car dealer Nigel Thompson

    A fraud complaint against a prominent Christchurch car dealer has been lodged with police. A Stuff investigation last year revealed Nigel Thompson, 43, quit his business Nigel Thompson Motor Company (NTMC), over accusations of fraud and misconduct...

    • Posted January 14, 2018
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  • Receivers call for offers: Who wants collapsed Kiwi brand Andrea Moore?
    Receivers call for offers: Who wants collapsed Kiwi brand Andrea Moore?

    Failed Kiwi designer brand Andrea Moore is for sale "to anyone who wants to put an offer in", receivers say. The company went into liquidation and receivership on Tuesday, citing "highly damaging" late deliveries, "crippling" creditor payment...

    • Posted January 10, 2018
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