All posts tagged "Media Watch"

  • Company linked to alleged ponzi fraudster in liquidation
    Company linked to alleged ponzi fraudster in liquidation

    A company linked to a man who ran what is alleged to be a significant ponzi scheme has gone into liquidation as another court date looms for the alleged fraudster. Paul Clifford Hibbs was last year named...

    • Posted July 28, 2017
    • 0
  • Well-respected Palmerston North restaurant Bethany's faces financial woe
    Well-respected Palmerston North restaurant Bethany’s faces financial woe

    A well-respected restaurant is up for sale as financial woes push the business into liquidation. Bethany's, on The Square in Palmerston North, had been run by its owners Reuben and Lynne Leung Wai for eight years before...

    • Posted July 27, 2017
    • 0
  • Staff knew A&G Price closure was coming
    Staff knew A&G Price closure was coming

    Many staff at A&G Price Limited knew the company was in trouble and several had already started to look for work, one employee says. About 100 workers, ranging from foundry tradesmen, machinists, fitters, welders and engineers, were...

    • Posted July 27, 2017
    • 0
  • Multi-million dollar Marlborough racing fraud comes to an end
    Multi-million dollar Marlborough racing fraud comes to an end

    A Marlborough racing scandal has finally come to a close, with the last man involved in a $6.9 million pokies fraud sentenced to home detention. Michael O'Brien has already been sentenced to four years and six months...

    • Posted July 27, 2017
    • 0
  • 100 jobs go after Thames engineering firm folds
    100 jobs go after Thames engineering firm folds

    The knock-on effects of an engineering business closing its doors in the Coromandel town of Thames are expected to be felt across the community. A & G Price Limited is going into liquidation with the loss of...

    • Posted July 27, 2017
    • 0
  • Kerikeri couple secure iconic Hardy's health stores brand
    Kerikeri couple secure iconic Hardy’s health stores brand

    The placement of five Hardy's health stores and the head franchiser into receivership earlier this month has resulted in a business opportunity for Vince and Diana Burgess of Kerikeri. The couple own the Kerikeri, Whangarei, Whangaparaoa and...

    • Posted July 26, 2017
    • 0
  • Fuji Xerox suspended from government contracts
    Fuji Xerox suspended from government contracts

    Fuji Xerox has agreed to a suspension from all New Zealand government contracts after more than $350 million in accounting irregularities were found at the company. Japanese parent company Fujifilm last month released an independent report which...

    • Posted July 26, 2017
    • 0
  • High Court allows liquidator to recover fees from failed debt collector's trust account
    High Court allows liquidator to recover fees from failed debt collector’s trust account

    Customers owed almost $200,000 from a failed debt collection agency will not see a cent because of the company's "extremely poor" book keeping, a court has heard. Taranaki firm Total Debt Solutions went into liquidation in December...

    • Posted July 25, 2017
    • 0
  • Fears for PostShop after franchise owner's business goes into liquidation
    Fears for PostShop after franchise owner’s business goes into liquidation

    With the closure of Dannevirke's book and stationary business Foster Brook, there were concerns about the future of the PostShop included in the business. Foster Brook was owned by Paul and Trina Brook, who have been in...

    • Posted July 25, 2017
    • 0
  • What new owner plans to do with PK Furniture
    What new owner plans to do with PK Furniture

    The buyer of embattled PK Furniture says the chain is going to be nothing like it used to be, with a complete rebrand and change of direction. PK Furniture, which at one point ran 17 North Island...

    • Posted July 23, 2017
    • 0
  • Christchurch grandmother admits $250,000 welfare fraud
    Christchurch grandmother admits $250,000 welfare fraud

    Grandmother Jasmine Kasiana Teowai Hudson is likely to spend her 63rd birthday in jail after pleading guilty to a $250,000 benefit fraud. An appalled Judge Alistair Garland sent Hudson, who turns 63 in November, home on bail...

    • Posted July 23, 2017
    • 0
  • Matamata software fraudster Brian Duffell jailed for $390k scam
    Matamata software fraudster Brian Duffell jailed for $390k scam

    At least one has lost their family home, others have also suffered financially and psychologically and the man at the centre of all the heartache and stress has been jailed. Brian Jeffrey Duffell said farewell to his...

    • Posted July 21, 2017
    • 0
  • PK Furniture sold, former owner owes $22m
    PK Furniture sold, former owner owes $22m

    PK Furniture has been sold and its former owner owes creditors $22 million. The company which ran the North Island furniture chain went into receivership in May and the business continued to trade while a buyer was...

    • Posted July 17, 2017
    • 0
  • Nosh and Mt Eden Food Co in receivership
    Nosh and Mt Eden Food Co in receivership

    The high-end grocery chain Nosh, and its sister company Mt Eden Food Company, have been placed into receivership. Damien Grant from Waterstone Insolvency was appointed the receiver by the company's sole director Andrew Guy Phillips. Nosh Group...

    • Posted July 16, 2017
    • 0
  • Cake maker's contract to build sewage plant cancelled
    Cake maker’s contract to build sewage plant cancelled

    A contract awarded to a Waiuku cake maker to build a major sewage plant on the West Coast has been cancelled and the manager who oversaw the deal has resigned. Westland District Council said today that both...

    • Posted July 15, 2017
    • 0
s2Member®