Down they go, another Finance Company falls


Another finance company in receivership – New Zealand, world, sport, business & entertainment news on Stuff.co.nz

It is the ninth New Zealand finance company to strike trouble in 16 months.
Finance and Investments had 370 investors who had invested $16 million with the company, and they were mainly made up of relations and soon to be ex friends of the business's two partners who own Finance and Investments.

There will be more, to be sure.

Powered by ScribeFire.

 


THANK YOU for being a subscriber. Because of you Whaleoil is going from strength to strength. It is a little known fact that Whaleoil subscribers are better in bed, good looking and highly intelligent. Sometimes all at once! Please Click Here Now to subscribe to an ad-free Whaleoil.

Tagged:
39%