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10 Mar 2026 8:13
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      Home > News > Business

    An Auckland businessman has been jailed for more than six years, after funding his lavish lifestyle with his clients' money

    An Auckland businessman has been jailed for more than six years, after funding his lavish lifestyle with his clients' money


    Steven Robertson operated various companies between 2009 and 2015, which the Financial Markets Authority called a 10 million dollar Ponzi scheme.

    He bought expensive cars, private helicopter trips, weekend getaways, overseas holidays and jewellery.

    Robertson was found guilty in August of 23 charges of theft by a person in a special relationship, obtaining by deception and dishonestly using a document.

    © 2026 Newstalk ZB, NZCity

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     Today's News

    		 International:
    War in the Middle East: Trump says Iran made 'big mistake' choosing Khamenei's son as leader 8:07

     Entertainment:
    Donald Trump says Iranian football players have been 'taken care of' in their bid for asylum 8:07

     International:
    How the 'tough guy' of South-East Asia is reshaping Australia's largest neighbour 8:07

     Business:
    Some New Zealand vehicle owners are set to receive a share of 10.9-million dollars following a settlement with manufacturer Hino 8:07

     Business:
    More private sector involvement in our health system could be a cure for some areas of strain 7:57

     Motoring:
    Tauranga's State Highway 29A has been closed near Oropi Road, while a diesel spill is cleared 7:47

     Business:
    Some positive signs from international markets overnight 7:37

     Motoring:
    The Red Bull Ampol panelbeaters are up against the clock to fix Broc Feeney's crashed car in time for transport to New Zealand for the next two rounds of Supercars, starting a month today in Taupo before moving to Christchurch 7:27

     Health & Safety:
    A central-Auckland hookah bar is under fire from inspectors for selling more shisha than food 7:17

     Law and Order:
    A High Court judge has explained why he overturned the jail sentence of former Gloriavale leader and child sex offender Howard Temple 7:07

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