www.eufa.co.nz

The organisation is voluntary and is made up from public enquiry. EUFA has been formed to find some accountability for Investors with nowhere to turn to seek restitution. www.eufa.co.nz Our Mission: To seek out victims of financial abuse by irresponsible Financial Advisors To bring people power to the industry and demonstrate the human devastation by way of presenting the evidence of poor advice To expose those who have helped their clients lose their hard earned savings To hold accountable the industry and Government, for failing to ensure customer protection and advisor accountability. Our Goals: To Expose the perpetrators and the system To seek accountability To seek Recovery

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News (147)

6:50PM
Bryers Sentencing The up and coming sentencing for Mark Bryers, scheduled for Thursday 20th May at 2.15 pm in the Auckland District Court, has caused a stir of emotions for investors as they put together their Victim Impact reports. 252 views

7:25AM
Government announces 'super-regulator' for financial markets New initiative being introduced by Government, announced by Simon Power tonight, is an insult to the many investors who have lost their life savings in the finance industry mal practices. 111 views

3:51PM
A bad week for Lombard The Securities Commission today confirmed that it has laid criminal charges against Lombard Finance & Investments directors Sir Douglas Graham, Michael Reeves, William Jeffries and Lawrence Bryant. 145 views

10:41AM
EUFA Meeting Human Rights Commission In Wellington Today Eufa Representatives are meeting with the Human Rights Commission in Wellington today to demonstrate the states failure to provide protection to investors. 158 views

9:07AM
EUFA - Lombard Finance & Investments (in receivership) In April 2008 the Prime Minister was made aware of alleged misrepresentations made by Lombard at investor meetings. 179 views

10:49PM
Securities Commission sleeps, while Strategic Finance dines on investors On December 16th 2009 New Zealand’s House of Representatives was advised that Strategic Finance had misled its investors in order to gain votes from investors to agree to a moratorium. 292 views

4:49PM
EUFA calls on Minister to Suspend Donal Curtin EUFA are calling on Hon Simon Power, as Minister of Justice and Commerce, to suspend Commissioner Donal Curtin from all duties within the Commerce Commission. 255 views

1:12PM
Government 'pussy footing' over Kiwi Saver EUFAs concerns over KiwiSaver were foolishly ignored by Government in 2007. 688 views

7:42AM
Investors will demand deliverance of Bill of Rights Investors must demand deliverance of the Bill of Rights, as Authorities are responsible without doubt for the Finance Industries lack of compliance and many Directors and shareholders are walking away with other people’s money. 347 views

11:16AM
Justice system needs to wake up over Bryers! The guilty pleas by Mark Bryers, are first signs of reality that the BlueChip empire is over for Mark Bryers. 282 views

2:06PM
Minister states his hands are tied over Hanover. But by whom? On the twilight of the vote for the Hanover Allied deal EUFA members continue to call for Statutory Management of Hanover Finance Ltd, to ensure investors are protected. 270 views

10:38PM
Call to honour obligations to Hanover - Allied Finance EUFA call on the Government to ensure Authorities honour their statutory obligation to Hanover Finance Ltd investors, by implementing their powers under current legislation, for example the Corporations (Investigation and Management) Act 1989. 358 views

3:41PM
Hanover only received Allied Farmers Proposal Hanover today confirmed it had only received the Allied Farmers Proposal for Hanover and United Finance investors. 200 views

12:47PM
Companies Offices Revelation EUFA member Ron Jensen of Hamilton has headed the research over securitised mortgages and will lead a EUFA complaint to the Securities Commission against lenders in the BlueChip debacle. 207 views

8:22PM
Investigations inadequate The Securities Commissions investigation and investigations into Hanover Finance Ltd appear to be skimming only the surface of the issues. 280 views

6:54PM
Demand put on Government over Hanover EUFA coordinator Suzanne Edmonds has written to Minister of Commerce Simon Power today, calling on the Government and Authorities to put Hanover Finance Ltd into Statutory Management. 220 views

11:37AM
Accountability needed over Hanover-Immediately The cop out and lack of intervention by Government and Authorities by saying the Hanover moratorium that investors voted for now stops intervention is intolerable. 220 views

11:11AM
Hanover Fails Investors EUFA members are not surprised of Hanover's inability to meet their commitments to their investors. 154 views

8:21AM
Consumer Financial report not a surprise EUFA welcomes the Consumer report on the finance industry, as it confirms the ongoing message that EUFA have been delivering at every juncture for over two years. 141 views

9:22AM
What actually does the Commerce Commission do in protecting the general public? A further complaint laid with the Commerce Commission has been rejected. 241 views

9:08AM
Momentum Builds Against Money Managers EUFA is pleased to announce the development of a website focused on addressing the needs of Money Managers clients both past and present. 375 views

6:49AM
Hon Simon Power making announcement for victims Friday Televisions Close-Up programme has revealed that Minister of Justice Hon Simon Power is planning to make an announcement tomorrow in regard to “victims of crime” . 138 views

5:04PM
10 Property Law Act notices (PLA's) to be served in the Waikato by GE Custodians ( BlueChip) BlueChip victims, members of EUFA, received a phone call this morning from a Private Investigator representing GE Custodians, saying he had a “letter” to deliver. 573 views

10:24AM
Loans Voided in Australian Court calls for Victim Funding In the wake of a NEW SOUTH WALES SUPREME COURT ruling last month, where a Judge ruled to void loans made by lender Tonto Home Loans Australia Pty Ltd, Suzanne Edmonds of EUFA has written to the Minister of Commerce and Justice calling for a legal fund to be set up urgently for BlueChip Victims. 132 views

2:03PM
GE decisions a shattering blow to Blue chip victims Following the news over the much publicised Bartle case ruling over their dispute with GE, EUFA are once again calling on the Government to take urgent action to freeze recovery action while the SFO and other authorities investigate BlueChip and their associated parties. 233 views

9:38AM
Authorities need to postpone Mondays Radius AGM. Investors concern that current managers and directors of Radius Properties Ltd are exhibiting a continuing pattern of poor judgement and seriously prejudicing investments is being challenged. 184 views

10:20AM
Securities Commission established report EUFA welcomes the penetrating report of the highly qualified Independent Panel, chosen by the Securities Commission. 153 views

8:24AM
An appeal to President Barack Obama As leaders head to New York to meet as part of the United Nations, New Zealand investors suffer from their own country’s failure to honour its commitment to the UN Charter. 138 views

1:37PM
The Money Managers evolution? Money Managers have recently distributed a letter to their clients celebrating their “new” direction. 215 views

5:42PM
Governments committments to Leaky homes crisis sets precedence to finance company investors The Governments recent handling of the leaky homes crisis sets precedence over Government responsibility, reinforcing Investors claims that Government has a duty to investors over the finance company crisis. 225 views