UPDATE: SFO confirms Intueri under investigation; shares drop 35%

Fri, 29 Jan 2016

(Adds Serious Fraud Office comment) By Sophie Boot Jan. 29 (BusinessDesk) - The Serious Fraud Office has confirmed it is investigating Intueri Education Group. The Auckland-based company's shares sank 35 percent after it told the NZX that one of its colleges, Quantum Education Group, is under investigation by the SFO. The SFO told BusinessDesk it was conducting some inquiries in relation to Intueri under Part 1 of the Act. That means the SFO director is able to require the release of documents when serious or complex fraud is suspec...

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