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6 Nov 2025 14:05
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  •   Home > News > Business

    A man's been sentenced for falsely claiming his deregistered company was on the Financial Service Providers Register

    A man's been sentenced for falsely claiming his deregistered company was on the Financial Service Providers Register


    Pegasus Markets' Kiwi-based director Michael Reps has been given two months' community detention and 90 hours' community work.

    Criminal charges were brought by The Financial Markets Authority against the company and Reps.

    Two websites continued the misrepresentation for two-and-a-half years after a warning by the Companies Office.

    © 2025 Newstalk ZB, NZCity

     Other Business News
     06 Nov: New Zealand has outpaced Australia - in securing its own Michelin Guide
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     05 Nov: The Reserve Bank says the country certainly isn't out of the woods, but our banks remain well placed to weather what comes next
     05 Nov: Rising unemployment is still being felt more in certain regions, sectors, and age groups
     05 Nov: New vehicle registrations have risen for four consecutive months
     05 Nov: Dairy prices have fallen 2.4 percent at this morning's Global Dairy Trade auction
     05 Nov: An increase in car sales could be a sign of consumer confidence returning
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