1898 days ago

Financial adviser under SFO spotlight hiding in plain sight

Nicole Reporter from Dunedin News

Where in the world is Barry Kloogh?

That's the question out-of-pocket investors have been asking since investigators raided the financial adviser's business in May.

They have since discovered that two of his companies – Financial Planning Ltd and Impact Enterprises Ltd – have been liquidated, owing more than $12.5 million.

The investigation – led by the Serious Fraud Office (SFO) – has so far raised more questions than answers for anxious investors who fear they have lost everything in an apparent Ponzi scheme.

Stuff went looking for clues with the aim of asking what happened to their money. Stuff found him hiding in plain sight on Tuesday – in a modest rental home in Dunedin, with two luxury cars parked outside.

More messages from your neighbours
1 hour ago

What's your favourite recipe for courgettes?

Mei Leng Wong Reporter from NZ Gardener & Get Growing

Kia ora neighbours. If you've got a family recipe for courgettes, we'd love to see it and maybe publish it in our magazine. Send your recipe to mailbox@nzgardener.co.nz, and if we use it in the mag, you will receive a free copy of our January 2025 issue.

Image
22 hours ago

Poll: Do you think NZ should ban social media for youth?

The Team from Neighbourly.co.nz

The Australian Prime Minister has expressed plans to ban social media use for children.

This would make it illegal for under 16-year-olds to have accounts on platforms including TikTok, Instagram, Facebook and X.
Social media platforms would be tasked with ensuring children have no access (under-age children and their parents wouldn’t be penalised for breaching the age limit)
.
Do you think NZ should follow suit? Vote in our poll and share your thoughts below.

Image
Do you think NZ should ban social media for youth?
  • 85.1% Yes
    85.1% Complete
  • 13.4% No
    13.4% Complete
  • 1.5% Other - I'll share below
    1.5% Complete
611 votes
9 hours ago

Got a Minute? Prove You’re the Smartest Neighbour!

Riddler from The Neighbourly Riddler

What is it that when given one, you’ll have either two or none?

Do you think you know the answer to our daily riddle? Don't spoil it for your neighbours! Simply 'Like' this post and we'll post the answer in the comments below at 2pm.

Want to stop seeing riddles in your newsfeed?
Head here and hover on the Following button on the top right of the page (and it will show Unfollow) and then click it. If it is giving you the option to Follow, then you've successfully unfollowed the Riddles page.

Image