New Zealand: Alleged ponzi fraudster’s beauty business seeks buyer
28 Feb 2017

A hair and beauty products company owned by a man who ran what is thought to be a significant ponzi scheme is looking for a new owner.

Christchurch-based Boutique Hair & Beauty was last week tipped into receivership.

Its majority owner, Paul Clifford Hibbs, was last year named as being under investigation by the Serious Fraud Office (SFO) and Financial Markets Authority (FMA), relating to another of his companies, Hansa.

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