Validus event goes ahead despite FMA ban
The event took place in South Auckland two hours after the regulator issued an interim ban on Validus.
A promotional poster for the Validus event that was hosted on Wednesday night.
A temporary ban on the promotion of the Validus multi-level marketing scheme appears to have gone unnoticed by its members, who proceeded to hold an event in South Auckland the same day the regulator placed a ban on the company.
The Financial Markets Authority issued the temporary stop order on
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