A Dunedin businessman who provided financial advisory services has entered no plea to charges brought by the Serious Fraud Office.
The SFO alleges Barry Edward Kloogh (57), who appeared in the Dunedin District Court today, defrauded investors of at least $15.7 million.
Mr Kloogh faces representative charges of ‘False accounting’, ‘False statement by promoters’, ‘Theft by person in special relationship’ and ‘Obtaining by deception’. He also faces individual charges of ‘Forgery’, ‘Theft by person in special relationship’ and ‘Obtaining by deception’.
Mr Kloogh provided his financial advisory services through several companies of which he was the sole director and shareholder. He had approximately 2000 active clients in May 2019.
The defendant was remanded without plea to reappear in the Dunedin District Court on 12 March.
The Financial Markets Authority referred the matter to the SFO and assisted the agency in its investigation.
Recent NZ Law News
- NZ Law – Old Law Firm Shows New GrowthHow A Country Law Firm Continues to Expand >> In-House Role? Public Defence… Read more: NZ Law – Old Law Firm Shows New Growth
- Auckland Law Faculty Merger Decision Delayed Amid Transparency ConcernsThe University of Auckland has put the brakes on a critical and controversial… Read more: Auckland Law Faculty Merger Decision Delayed Amid Transparency Concerns
- New Zealand Gender Ratio at Higher Courts Shows Underrepresentation of WomenThe New Zealand Bar Association’s latest report on the gender ratio of counsel… Read more: New Zealand Gender Ratio at Higher Courts Shows Underrepresentation of Women
- Elite Litigators Join NZ Law Power ListAlthough senior KCs and other barristers continue to exert their influence within the… Read more: Elite Litigators Join NZ Law Power List
- New Zealands Top LawyersLawFuel Power List 2024 During the year, the legal profession has seen new… Read more: New Zealands Top Lawyers
- New Zealand Lawyer News – 15 New Senior Solicitors at Chapman TrippHarrison Cooper, Morgan Dalton-Mill, Trent Harris, Madeleine Hay, Josh Hayes, Emily James, David… Read more: New Zealand Lawyer News – 15 New Senior Solicitors at Chapman Tripp
- New Zealand Law Awards – Bell Gully Win Top Large Law Firm AwardBell Gully is named large law firm of the year at the New… Read more: New Zealand Law Awards – Bell Gully Win Top Large Law Firm Award
- NZ Law – Criminal Lawyer Joins LawFuel Power List RanksProminent criminal lawyer Emma Priest has joined the ranks of leading lawyers on… Read more: NZ Law – Criminal Lawyer Joins LawFuel Power List Ranks
- New Zealand Law News: Hannah King named newest Kiely Thompson Caisley PartnerLeading specialist employment law firm Kiely Thompson Caisley has elevated Hannah King to… Read more: New Zealand Law News: Hannah King named newest Kiely Thompson Caisley Partner
- NZ Law – The KC’s Hikoi: Protesting The Treaty Principle’s BillThe best law jobs are on LawFuel – Check Here Over 40 King’s… Read more: NZ Law – The KC’s Hikoi: Protesting The Treaty Principle’s Bill
- New Zealand Law – Abuse Survivors Call For The Head of Una JagoseUna Jagose Under Attack Survivors of the Abuse in Care scandal are seeking… Read more: New Zealand Law – Abuse Survivors Call For The Head of Una Jagose
- New Zealand Law – Leading KC Resigns From Criminal Cases Commission Amid Controversial Reshuffle of MembershipLeading criminal lawyer Nigel Hampton KC has resigned from the Criminal Cases Review… Read more: New Zealand Law – Leading KC Resigns From Criminal Cases Commission Amid Controversial Reshuffle of Membership
- How New Zealand’s legal aid crisis is eroding the right to justiceKris Gledhill* – Most lawyers are happy to accept we’ll never be as… Read more: How New Zealand’s legal aid crisis is eroding the right to justice
[adrotate banner=”90″]
