| Latest Crime News | Saturday October 20 2012 11:25
The Serious Fraud Office says the case of an Auckland woman who fleeced more than 15 million dollars from investors, is a reminder investment decisions shouldn't be made on trust alone.
Jacqui Bradley has been jailed for seven years and five months over the Ponzi scheme she ran with her late husband.
SFO spokesman Nick Patterson says some investors lost their life savings.
"This case is a good example, crime doesn't pay. And white collar crime, financial crime certainly doesn't pay. We've got another example of an individual, Jacqui Bradley, being held to account in relation to a sizeable fraud, $15 million."
Photo: Jacqui Bradley (NZ Herald)