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McNicoll still faces investigation after settlement with Arena liquidators - 24th Aug 2016

McNicoll still faces investigation after settlement with Arena liquidators

CHRIS HUTCHING Last updated 12:11, August 24 2016
www.stuff.co.nz

McNicoll still faces investigation after settlement with Arena liquidators

The liquidators of Arena Capital, trading as BlackfortFX, have come to a financial arrangement over a claim against director Jimmie McNicoll​.

It will not affect any action being taken by the Serious Fraud Office after the discovery that $9 million raised from investors by McNicoll and Arena was spent mainly on cars, travel and properties rather than foreign exchange investments. Read about it here.

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