Economy

"We cannot predict when the Minsky Moment will occur. Nor can we prevent it, although there are some who try to prolong it – promising a bigger crash."

by Brian Easton

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by Greg Ninness

Oscar Mendoza

Vivier, a NZ foreign trust, the missing $4 mln and NZ's regulators

NZ's Vivier & Company, allegedly run by a convicted British fraudster, is accused by a NZ foreign trust of failing to provide insurance and pay interest on $4m of deposits. So what was the point of the FMA's action against Vivier 5 years ago?

1st Apr 21, 12:03pm

by Gareth Vaughan

NZ's Vivier & Company, allegedly run by a convicted British fraudster, is accused by a NZ foreign trust of failing to provide insurance and pay interest on $4m of deposits. So what was the point of the FMA's action against Vivier 5 years ago?