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Law
2 mins to read
10

Investor seeks new Maat probe after ‘gut-wrenching’ losses

Letter to FMA chair Craig Stobo says new information merits investigation.

The building at Central Park Drive in Henderson was intended as a big box furniture store.

Tim Hunter Tue, 05 Nov 2024

An investor who lost $1.5 million in the Nido property development scheme marketed by Maat Consulting has asked the Financial Markets Authority to reopen its investigation to probe new allegations.

In a letter to FMA chair Craig Stobo, law firm Mayne Wetherell said it was making a formal complaint

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Tim Hunter Tue, 05 Nov 2024
Contact the Writer: thunter@nbr.co.nz
News tip? Question? Typo? Let us know: editor@nbr.co.nz
© All content copyright NBR. Do not reproduce in any form without permission, even if you have a paid subscription.
Tags
Maat Consulting Mayne Wetherell FMA Neil Tuffin FMC act property syndicates Craig Stobo

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