Tag: financial_advisor

Former Financial Advisor Sentenced for Theft

6 Oct 2025 2:15 p.m. · Source: NZ Financial Markets Authority

Murray McClune, a former financial advisor, has been sentenced to three years and seven months in prison for stealing $1.7 million from elderly clients. He is also banned from providing financial advice.

Business Legal Economy Financial Markets Banking Financial Markets Authority Murray McClune Financial Advisor Theft Sentencing Margot Gatland Financial Services NZ Financial Markets Authority
Ex-Financial Advisor Admits Theft of $1.7M from Elderly Clients

30 Jun 2025 9:32 a.m. · Source: NZ Financial Markets Authority

Murray McClune, a former financial advisor, pleads guilty to theft after misappropriating $1.7 million from elderly clients, using the funds for personal purposes.

Business Legal Financial Markets Law Enforcement Financial Markets Authority Murray McClune theft financial advisor Margot Gatland fraud securities NZ Financial Markets Authority