Media releases

A former trustee of a Far North Māori land trust has admitted stealing more than $1 million from the trust.

The Serious Fraud Office, with the assistance of the Financial Markets Authority, executed search warrants this morning in relation to an investigation concerning the Dunedin-based financial advisor, Barry Kloogh.

A Wellington man has been charged by the Serious Fraud Office in relation to funds paid for the purchase of reproduction aircraft and the unauthorised use of an aircraft as security to obtain a loan.