SFO charges Ponzi accused Hibbs with defrauding investors

Tue, 20 Jun 2017

By Paul McBeth June 20 (BusinessDesk) - The Serious Fraud Office has charged Christchurch businessman Paul Hibbs with defrauding investors by operating a Ponzi scheme. Hibbs appeared in the Christchurch District Court today facing Crimes Act charges of making a false statement by promoter, theft by person in special relationship, using forged documents, and forgery, the white-collar crime law enforcement agency said in a statement. Hibbs will reappear in court on July 12. The law enforcement agency says Hibbs' legitimate businesses...

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