Christchurch couple jailed for $4 million Ponzi scheme

Alex and Aroha Tuira have been sentenced in the Christchurch High Court for operating a Ponzi scheme. The couple defrauded more than 55 investors, primarily from Māori communities, of nearly $4 million. Victims included terminal cancer patients and grieving widows.
How they headlined it
-
Stuff -
The Press via Stuff -
NZ HeraldAlex and Aroha Tuira jailed for $3.9m Ponzi fraud (opens in new tab)
-
1NewsChristchurch pair jailed for 'exploiting' vulnerable victims of $4m (opens in new tab)
-
RNZChristchurch couple jailed for operating a $4 million Ponzi scheme (opens in new tab)
-
Otago Daily TimesChristchurch couple targeted vulnerable in $4m Ponzi scheme (opens in new tab)