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April 2003

Time-share company fined $30,000 for misleading conduct

17 April 2003

Time-share company One World Leisure (NZ) Limited (OWL) was fined $30,000 plus costs in the Auckland District Court today after pleading guilty to breaching the Fair Trading Act in relation to its promotion of time-share investments and holiday ownership.

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Infinity Concierge scheme costs promoter $11,520

11 April 2003

Following the recent Commerce Commission prosecution of pyramid selling scheme Infinity Concierge Limited and its operators, a fifth defendant, David John Mawson, was fined $11,520 including costs in the Christchurch District Court yesterday for operating or promoting a pyramid selling scheme, in breach of the Fair Trading Act.

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