Two companies owing millions placed in liquidation
Two companies owing $12 million have been placed in liquidation, with investigators quiet on whether a financial advisor was behind an alleged ponzi scheme.
The judge noted an appearance "seems unlikely" as the court registrar called the name of two companies on Thursday.
And he was right. No-one from Financial Planning Ltd or Impact Enterprises Ltd attended the hearing before Associate Judge Dale Lester in the High Court of Dunedin.
Notably absent was Barry Kloogh, the Dunedin-based financial advisor who at least one investor alleges was behind a ponzi scheme.
Poll: Should the government levy industries that contribute to financial hardship?
As reported in the Post, there’s a $30 million funding gap in financial mentoring. This has led to services closing and mentors stepping in unpaid just to keep helping people in need 🪙💰🪙
One proposed solution? Small levies on industries that profit from financial hardship — like banks, casinos, and similar companies.
So we want to hear what you think:
Should the government ask these industries to contribute?
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60.8% Yes, supporting people is important!
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23.8% No, individuals should take responsibility
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15.4% ... It is complicated
A Neighbourly Riddle! Don’t Overthink It… Or Do?😜
Do you think you know the answer? Simply 'Like' this post if you know the answer and the big reveal will be posted in the comments at 2pm on the day!
If you multiply this number by any other number, the answer will always be the same. What number is this?
Poll: As a customer, what do you think about automation?
The Press investigates the growing reliance on your unpaid labour.
Automation (or the “unpaid shift”) is often described as efficient ... but it tends to benefit employers more than consumers.
We want to know: What do you think about automation?
Are you for, or against?
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9.7% For. Self-service is less frustrating and convenient.
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43.2% I want to be able to choose.
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47.1% Against. I want to deal with people.
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