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Home World New Zealand

Financial adviser Murray McClune pleads guilty to $1.7m theft of clients’ money

29 June 2025
in New Zealand
0
Financial adviser Murray McClune pleads guilty to .7m theft of clients’ money
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A former financial adviser, Murray McClune, pleaded guilty to stealing approximately $1.7 million from elderly clients, facing up to seven years in prison. Between 2016 and 2022, he misappropriated funds meant for investment, using falsified statements to conceal his unauthorized activities and fund his personal expenses.

Explain It To Me Like I’m 5: A man who used to help people with their money took $1.7 million from older clients and is going to jail for being sneaky and spending it on himself instead of helping them.

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Tags: 1.7M1717Maboutadviserafter..clientselderlyFacesFinancialformerfromguiltymccluneMillionmoneyMurrayofPersonalpleadingpleadsprisonsevenStoletheftto..years
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