Rangi Savage Senior declared bankrupt after failing to pay Powder Shed investors

Rangi Savage Senior declared bankrupt after failing to pay Powder Shed investors

Home / New ZealandHerald ReportersNZ Herald·9 Nov, 2026 03:59 AM2 mins to read‌NZ Herald Afternoon Headlines | Qiulae Wong expects call from Luxon this week, and people asked to stay away from nesting kororā | Monday, November 9, 2026. Video / NZ HeraldA businessman who sold shares in his company under misleading pretences has been declared bankrupt after failing to compensate investors.Rangi Wyatt Stephen Savage Senior was made bankrupt in the High Court at Auckland after an application by the Financial Markets Authority (FMA). He was the sole director of The AdvertisementAdvertise with NZME.

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