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19 Oct 2025 17:24
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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.

    © 2025 Newstalk ZB, NZCity

     Other Business News
     19 Oct: Teachers are rejecting the Government claim its pay offer is "quite generous"
     18 Oct: The rising cost of food is also affecting chocolate with popular Kiwi brand Whittaker's increasing its prices
     17 Oct: US dangled threat of Tomahawks for Ukraine, then Russia called to negotiate
     17 Oct: New Zealand Breakers coach Petteri Koponen is backing two of his imports to find their feet in tonight's Australian basketball league outing in Auckland
     17 Oct: A first of it's kind commercial seaweed bio-refinery in opening in Waikato's Paeroa today
     17 Oct: Fears interest rate cuts might've gone too far
     17 Oct: A warning the Reserve Bank is walking a fine line
     Top Stories

    RUGBY RUGBY
    North Otago coach Luke Herden reckons they're peaking at the business end of rugby's Heartland Championship More...

    BUSINESS BUSINESS
    Teachers are rejecting the Government claim its pay offer is "quite generous" More...


     Today's News

    		 Accident and Emergency:
    Emergency services are currently at the scene of a two-vehicle crash on SH1 near Karapiro, in Waikato 16:56

     Rugby League:
    A slow start for the Kiwi Ferns in their opening match of league's Pacific Championships 16:16

     Motoring:
    Liam Lawson's joining other Formula One drivers in lamenting the Texas after qualifying for tonight's US Grand Prix 15:26

     Soccer:
    Arsenal's gone top of the English Premier League following a 1-nil win at Fulham 14:56

     International:
    Julian Assange seeks 20-year jail term for David Morales, the Spaniard who spied on him 14:16

     Rugby:
    North Otago coach Luke Herden reckons they're peaking at the business end of rugby's Heartland Championship 14:06

     Living & Travel:
    A Hamilton Lotto player will be celebrating today after winning one-million-dollars in last night's Lotto First Division 14:06

     Environment:
    Rain has put a dampener on New Zealand's chances of making the semi-finals at the 50-over World Cup...washing out their match against Pakistan when the White Ferns were well on top 13:46

     International:
    Death doulas, family-led funerals and the deathcare movement hope to change the way we die 13:26

     Business:
    Teachers are rejecting the Government claim its pay offer is "quite generous" 13:26

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