May 05, 2014 BY Mike Fox

Creditors demand another $2m from FX software fraudsters in NZ

Creditors are now claiming $2 million from a company which sold controversial currency trading software. This is up from the $300,000 which creditors were claiming last year. In August last year the FMA warned the public about doing business with the Auckland-based company and the regulator said Phoenix Forex was misrepresenting the profitability of, and…

Read more