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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 http://www.eufa.co.nz
AUCKLAND CITY — 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.
537 views
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.
416 views
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.
432 views
WELLINGTON CITY — Eufa Representatives are meeting with the Human Rights Commission in Wellington today to demonstrate the states failure to provide protection to investors.
471 views
In April 2008 the Prime Minister was made aware of alleged misrepresentations made by Lombard at investor meetings.
465 views
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.
578 views
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.
599 views
EUFAs concerns over KiwiSaver were foolishly ignored by Government in 2007.
1018 views
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.
697 views
The guilty pleas by Mark Bryers, are first signs of reality that the BlueChip empire is over for Mark Bryers.
559 views
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.
598 views
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.
658 views
Hanover today confirmed it had only received the Allied Farmers Proposal for Hanover and United Finance investors.
516 views
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.
568 views
The Securities Commissions investigation and investigations into Hanover Finance Ltd appear to be skimming only the surface of the issues.
609 views
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.
491 views
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.
510 views
EUFA members are not surprised of Hanover's inability to meet their commitments to their investors.
453 views
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.
425 views
A further complaint laid with the Commerce Commission has been rejected.
577 views
EUFA is pleased to announce the development of a website focused on addressing the needs of Money Managers clients both past and present.
803 views
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” .
440 views
WAIKATO — 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.
940 views
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.
419 views
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.
519 views
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.
457 views
EUFA welcomes the penetrating report of the highly qualified Independent Panel, chosen by the Securities Commission.
480 views
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.
430 views
Money Managers have recently distributed a letter to their clients celebrating their “new” direction.
510 views
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.
512 views
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