Lengthy Prison Term for Dunedin Ponzi Scheme Operator


A Dunedin Ponzi operator has been sentenced to eight years and ten months’ imprisonment, with a minimum non-parole period of five years and four months. Barry Edward Kloogh (57) who ran a Ponzi scheme for more than 20 years was sentenced today in the Dunedin District Court. He had previously admitted to charges of ‘False […]

The post Lengthy Prison Term for Dunedin Ponzi Scheme Operator appeared first on LawFuel.



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