Christchurch couple behind $4m Ponzi scheme

RNZOtago Daily TimesThe PostStuffWaikato TimesThe Press1NewsNZ HeraldMonday 11 August 2025 · 8 outlets · 5 reports · updated
Photo: NZ Herald (opens in new tab)

Alex and Aroha Tuira allegedly operated a fraudulent investment business in Christchurch for over seven years. They reportedly raised more than $4m from investors, but the funds were used to pay for their lifestyle and repay other investors rather than being invested.

How they headlined it

First reported by RNZ, Mon 11 Aug 2025, 10:52am · 5 reports from 5 outlets over 2 hours
  1. RNZRNZ

    Meet the Tuiras: How NBA legend Michael Jordan was unknowingly used by a couple as part of a $4m Ponzi scheme (opens in new tab)

  2. Otago Daily TimesOtago Daily Times

    Former All Black among those duped by $4m Chch Ponzi scheme (opens in new tab)

  3. The PostThe Post via The Press

    Couple behind $4m ponzi scheme claimed to rub shoulders with world’s elite (opens in new tab)

    Also on Stuff (opens in new tab), Waikato Times (opens in new tab), The Press (opens in new tab)

  4. 1News1News via RNZ

    How NBA legend was unknowingly used by couple as part of $4m Ponzi scheme (opens in new tab)

  5. NZ HeraldNZ Herald

    Christchurch Ponzi scheme: $4m fraud by Tuiras unravels in court (opens in new tab)