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August 1997

Black Magic pyramid selling penalties total $29,000

29 August 1997

A further Commerce Commission prosecution has brought the total fines and costs imposed on people involved in the Black Magic pyramid selling scheme to $29,000.

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Accent Holidays misled public to promote time shares

29 August 1997

The Auckland District Court was today strongly critical of Accent Holidays Ltd when it fined it $25,000 for breaching the Fair Trading Act by making misleading claims to promote time shares.

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Scam costing NZ business $millions

21 August 1997

"False invoices", "proforma invoicing", "rogue publishing", and telefraud - it goes by various names, but it is all a scam that is costing New Zealand businesses millions of dollars a year.

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False claims that seaweed soap causes weight loss

17 August 1997

The Commerce Commission said today that, in its view, the distributor of Soft Seaweed Soap, SCI Natural (NZ) Ltd, had made false claims that the soap would help people lose weight, and may have breached the Fair Trading Act.

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Commission withdraws warnings

8 August 1997

The Commission has withdrawn the warnings given to Alpine Energy Limited, Dunedin Electricity Ltd, Electricity Invercargill Ltd and The Power Company Ltd concerning attempts to contract out of the Consumer Guarantees Act 1993.

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Significant Penalty applied in Job Advert Case

5 August 1997

In the first significant case involving employment advertising under the Fair Trading Act, a Christchurch District Court judge yesterday fined the Prudential Assurance Company of New Zealand Ltd a total of $23,000.

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