Forex broker appears in court on fraud charges
The Serious Fraud Office says foreign exchange broker Russell Maher, 52, entered no plea to fraud charges in Auckland District Court on 11 June.
It says Mr Maher, whose company is in liquidation, was charged with 47 counts of ‘Using forged documents’.
The charges relate to Forex Brokers Ltd. The SFO says Mr Maher provided foreign exchange services through the company. The maximum penalty for each charge is 10 years’ imprisonment.
Last updated on the 16th September 2019