Five Star Finance's Williams jailed for false offer document statements

Fri, 19 Apr 2013

April 19 (BusinessDesk) - Five Star Finance's Neill Williams has been jailed for three years and seven months after pleading guilty for making false statements in the failed lender's offer documents. In the Auckland District Court, Williams was sentenced to two and a half years after first pleading guilty to three charges of making a false statement in a registered prospectus, one charge of making false or misleading statements in financial statements and 12 charges of offering securities to the public for subscription without the required o...

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