“Building a vast mansion even as the company you operate is collapsing all around you… well, that could happen to anyone.” Investors in Hanover Finance have moved quickly to help the company’s former head, Mark Hotchin, after a Herald on Sunday story revealed that he was struggling in poverty in Australia.A Facebook page entitled “Friends…
It is a blight on our nation, a nation regularly regarded as one of the best places in the world to live if you are elderly. It remains our national disgrace, and continues to haunt us as the years pass by. The sudden financial loss to the elderly at the hands of Pakeha-run finance companies.…
So Mark Bryers only got a slap on the hand. I can understand the outrage, but the offences he was charged with were relatively minor ones. That doesn’t mean Bryers is a saint. In fact the SFO are still looking into the collapse of Blue Chip, and there may be more pain to come for…
News that Hanover Finance’s Mark Hotchin is struggling to find the money to pay contractors to finish his $50 million palace has galvanised the Orakei community into action. Last week a team of volunteers went onto the property to help with the landscaping and building work. And on Saturday morning Jim Mora and the crew…
Hanover Finance director Mark Hotchin attended a meeting of the company’s investors yesterday, and spoke about how the company’s plight had affected him personally. Emotional and struggling to hold back tears, Hotchin told the gathered investors about the pain he felt. “The recession has left me financially devastated,” he explained. “I feel your pain. I…
Imperator Fish 