Forestry investment business caught in FMA accounts crackdown

The Katikati director of a forestry investment scheme has admitted eight charges for failing to file financial statements on time.

Ross Anthony Collins is the director of three companies – Prosper Hills (2006) Ltd, Prosper Hills (2008) Ltd and NZFIL 3 Ltd – which have been caught in a crackdown by the Financial Markets Authority (FMA) for breaching the Financial Reporting Act.

 

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