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Businessman Steven Robertson who orchestrated a $10m Ponzi scheme loses final appeal bid to Supreme Court

Businessman Steven Robertson who orchestrated a $10m Ponzi scheme loses final appeal bid to Supreme Court
10 May, 2021 05:42 AM
5 minutes to read
Trader Steven Robertson has failed to have his minimum period of imprisonment quashed. Photo / Jason Oxenham
Trader Steven Robertson has failed to have his minimum period of imprisonment quashed. Photo / Jason Oxenham
An Auckland trader behind a $10 million Ponzi scheme has lost a final bid with the Supreme Court to be freed from a prison cell sooner.
Steven Robertson, who once claimed he was as good
as John Key , misappropriated millions of dollars from his clients to fund a lavish lifestyle of European cars, travel by private helicopter and jet, luxury weekend getaways, and jewellery. ....

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Fraud victims receive some stolen money back

Fraud victims receive some stolen money back
© RNZ / Anneke Smith
Victims of a fraudster, who spent their money funding his extravagant lifestyle, will get about 60 cents back for every dollar stolen from them.
Steven Robertson was sentenced im 2019 to six years and eight months in prison, with a minimum non-parole period of three years and four months. Photo: RNZ / Anneke Smith
Steven Robertson stole $1.2 million and roughly $AU270,000 between 2009 and 2015 while operating several companies that sold software that purported to help people trade.
The software was not easy to use and when confronted with disgruntled investors Robertson offered to trade on their behalf. ....

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Home detention for Auckland stock trader Rodney McCall, who is still yet to pay back fraud victims

Home detention for Auckland stock trader Rodney McCall, who is still yet to pay back fraud victims
21 Dec, 2020 04:37 AM
4 minutes to read
An Auckland stock trader has been sentenced to home detention after stealing from investors who had already fallen victim to a high-flying fraudster.
Rodney McCall, also known as Rodney Crichton, appeared today in the Manukau
District Court for a third attempt at sentencing.
He had pleaded guilty in June to two representative charges of obtaining by deception, one representative charge of dishonestly using a document, and two charges of obstruction of the Financial Markets Authority s (FMA) powers under the Financial Markets Authority Act. ....

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Victims of PTT, Steven Robertson and Rodney McCall to receive payout - FMA

Victims of PTT, Steven Robertson and Rodney McCall to receive payout - FMA
voxy.co.nz - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from voxy.co.nz Daily Mail and Mail on Sunday newspapers.

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New Zealand Financial Markets Authority: Victims Of PTT, Steven Robertson And Rodney McCall To Receive Payout

New Zealand Financial Markets Authority: Victims Of PTT, Steven Robertson And Rodney McCall To Receive Payout - McCall Sentenced To Home Detention
Date
21/12/2020
The Financial Markets Authority (FMA) has welcomed two court decisions that will see victims of convicted fraudsters Steven Robertson and Rodney McCall receive a portion of their money back. Mr McCall has also been sentenced to 12 months’ home detention for his crimes.
On Friday, the Auckland High Court approved a pro-rata distribution methodology for creditors of PTT Limited, Mr Robertson and his associated entities. The methodology was proposed by the receivers and liquidators of PTT, and supported by the FMA as being in the interests of victims. Receivers and liquidators estimate that victims will be likely to receive around 59 cents in the dollar. ....

New Zealand , New Zealand General , New Zealanders , Steven Robertson , Nick Kynoch , Rodney Crichton , Rodney Mccall , Auckland High Court , Financial Markets Authority , Manukau District Court , Morgan Cooper , High Court , Crimes Act , Financial Markets Authority Act , Morgan Cooper Limited , புதியது ஜீலாந்து , புதியது ஜீலாந்து ஜநரல் , ஸ்டீவன் ராபர்ட்சன் , நிக் கினோச் , ரோட்னி கிரிக்டன் , ரோட்னி ம்க்கால் , ஆக்லாந்து உயர் நீதிமன்றம் , நிதி சந்தைகள் அதிகாரம் , மோர்கன் கூப்பர் , உயர் நீதிமன்றம் , குற்றங்கள் நாடகம் ,