Hanover PR campaign also funded ‘investor action group’ targeting Allied Farmers

Out-of-pocket investors donated money to a “Hanover Action Group” in the hope of recovering some funds without knowing it was set up and funded by Hanover insiders as part of a carefully orchestrated public relations campaign.

The revelation follows allegations over the weekend that Hanover co-founder Mark Hotchin funded an attempt to smear the head of the Serious Fraud Office and the Financial Markets Authority, which were investigating Hanover Finance and sister company United Finance.

 

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