An Auckland foreign exchange company's been fined more than a million dollars over multiple suspicious transactions
An Auckland foreign exchange company's been fined more than a million dollars over multiple suspicious transactions
6 June 2025
Qian DuoDuo Limited failed to report 197 international transactions to China between June 2018 and September 2019.
That included 26 involving objectively suspicious activities - worth more than 19 million dollars.
The company had also failed to submit prescribed transaction reports.
Two people pleaded guilty to criminal offending and have been convicted.
© 2025 Newstalk ZB, NZCity
