The Serious Fraud Office, with the assistance of the Financial Markets Authority, executed search warrants this morning in relation to an investigation concerning the Dunedin-based financial advisor, Barry Kloogh.
The Serious Fraud Office, with the assistance of the Financial Markets Authority, executed search warrants this morning in relation to an investigation concerning the Dunedin-based financial advisor, Barry Kloogh.
The action follows inquiries by the FMA, leading to a referral to the SFO. The FMA will be assessing any matters relating to the Financial Advisers Act and supporting the SFO investigation.
If you have information that you consider may be relevant to this investigation, please contact the SFO either by phone: 0800 109 800 or email: kloogh@sfo.govt.nz.
The FMA is working to secure and preserve client funds.
For further media information
Henry Acland
Serious Fraud Office
027 705 4550
Andrew Park
Financial Markets Authority
021 220 6770