NZ Law – Ponzi scheme operator receives jail term for $17.5 million fraud
A Christchurch man who defrauded his clients of at least $17.5 million through a Ponzi scheme has been sentenced to eight years in prison with a minimum non-parole period of four years for charges brought by the Serious Fraud Office. Paul Hibbs was sentenced today at the Christchurch District Court. He previously had pleaded guilty […]
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