I wonder what John Key sthin ks about all of these collapsing Finance companies but he remains silent on the subject. He used to work for a bank called the bankers trust who had a word they used when talking about their gullible punters. This word was ROF it stood for Rip Off Factor. I wonder if the Bridgecorp guys used the same term when discussing their gullible punters.
Bridgecorp staff were allegedly told to lie to investors who complained about late interest payments, telling them a bank error or a computer glitch was to blame.
One member of the finance company’s investor services team was said to have been moved sideways after she refused to mislead people.
Former Bridgecorp executive directors Rod Petricevic and Robert Roest appeared in the Auckland District Court yesterday, facing three criminal charges each.