Cases / Investment funds & advisory
Barry Edward Kloogh
ReportedMar 12, 2020
LocationDunedin, New Zealand
Amount$15,700,000
This entry summarizes public reporting and government filings. Charges and civil complaints are allegations unless a court has entered a conviction or judgment — check the source for the current status.
- Company / entity
- Financial Planning Limited (Breathe Financial), Breathe Financial Limited, Impact Enterprises Limited
- Industry
- Financial planning / managed client investments
- How investors were recruited
- Existing financial-planning clients (about 2,000 active clients)
- Pitch & red flags
- clients believed their money would be invested "through a secure platform"; false accounts and statements created with e-banking showing balances that did not exist