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Man pleads guilty to role in nearly $4m Ponzi scheme

The PressThe PostStuffWaikato Times1NewsNZ HeraldRNZThursday 7 August 2025 · 7 outlets · 3 reports · updated

In this story Serious Fraud Office

Photo: NZ Herald (opens in new tab)

Thomas Alexander Tuira pleaded guilty to two charges of obtaining by deception at the Christchurch High Court. The fraud, which spanned seven years, allegedly left more than 60 investors out of pocket. Tuira's wife was also charged in relation to the scheme, though the remaining charges were dropped.

How they headlined it

First reported by The Press, Thu 7 Aug 2025, 11:04am · 3 reports from 3 outlets over 2 hours
  1. The PressThe Press

    Shock guilty pleas as man admits role in $4m ponzi scheme (opens in new tab)

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

  2. 1News1News via RNZ

    Man admits role in near $4m Ponzi scheme that spanned seven years (opens in new tab)

  3. NZ HeraldNZ Herald

    Man admits role in nearly $4m Ponzi scheme that spanned seven years (opens in new tab)

    Also on RNZ (opens in new tab)