Published 22 December 2010 2 directors of Five Star Consumer Finance Ltd, Nick Kirk & chairman Marcus MacDonald, were sent to jail yesterday on charges brought jointly by the Serious Fraud Office and the Ministry of Economic Development’s national enforcement unit. The third director, Anthony Bowden, was sentenced to home detention & community service. General […]
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MacDonald pleads guilty to Five Star Finance theft charges
Published 29 October 2010 Former Five Star Consumer Finance Ltd director & law firm partner Marcus MacDonald pleaded guilty in the Auckland District Court on Wednesday to charges of theft by a person in a special relationship, which related to misuse of Five Star funds in breach of its trust deed requirements. Serious Fraud Office […]
Read more →Short remand for Five Star quartet on new charges
Published 18 January 2010 After some confusion at the Auckland District Court today, the Five Star Finance group’s 3 directors & one allegedly de facto director were remanded until Tuesday 2 February for a status hearing on new Securities Act prospectus charges. The Ministry of Economic Development’s national enforcement unit laid its first prospectus […]
Read more →Five Star directors remanded on new charges
Published 30 November 2009 The Five Star Finance group’s 3 directors & one allegedly de facto director were remanded in the Auckland District Court today until Monday 18 January at 2.15pm for a status hearing on new Securities Act prospectus charges. The Ministry of Economic Development’s national enforcement unit laid its first prospectus charges […]
Read more →5 Star Finance quartet face more charges
Published 13 November 2009 The Ministry of Economic Development’s national enforcement unit has laid another 20 charges against Five Star Finance Ltd’s 3 directors & one allegedly de facto director. They face a district court trial next March on Securities Act prospectus charges brought in July 2008. The new charges also allege false & […]
Read more →Five Star directors get 5-year ban
Published 8 April 2009 The 3 directors of the Five Star group of companies have been barred from directing or managing companies for the maximum term of 5 years. Deputy Registrar of Companies Peter Barker said today Marcus Macdonald, Nicholas Kirk & Anthony Bowden were banned from running companies from 23 March. They also face […]
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