News

Commission uncovers new twist to overseas share scams

Sunday 18th of March 2001

The Securities Commission is warning investors to keep clear of an outfit called Marlborough Acquisitions Inc as the company appears to be breaching New Zealand law by not complying with the Investment Advisers (Disclosure) Act 1996.

It says the scheme targets people who have sent money to overseas brokers to buy shares.

In most cas...

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