Financial Markets Authority files criminal charges against former financial adviser David McEwen

Financial Markets Authority files criminal charges against former financial adviser David McEwen
The FMA alleges that David McEwen continued to contact potential investors despite a stop order.
Staff reporters
New Zealand’s financial watchdog has filed criminal charges against former financial adviser David McEwen for allegedly failing to comply with a stop order, which prevented him from contacting potential investors.The Financial Markets Authority (FMA) had made a permanent stop order against McEwen and a number of entities associated with him in December 2023 over concerns of a risk of investor harm.The FMA alleges McEwen continued to make offers and accept contributions for financial products.McEwen, who is believed to have been living abr...