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FMA warns of complaints about forest scheme

Regulator says money held in trust while it seeks more information.  

Tim Hunter
Wed, 22 Mar 2017

In an unusual move, the Financial Markets Authority has issued a statement saying it has received complaints about an investment scheme named Forestlands.

The regulator said it had identified $18 million apparently owed to Forestlands investors and the money has been placed in trust “after our

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Tim Hunter
Wed, 22 Mar 2017
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FMA warns of complaints about forest scheme
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