Murray McClune

Timeline

October 2025

Murray McClune has been sentenced to three years and seven months’ imprisonment for two charges of theft by person in a special relationship. The charges followed an investigation by the Financial Markets Authority (FMA). 

The Judge also permanently banned Mr McClune from holding directorships, management positions, and providing financial advice and client money and property services under ss 517-518 of the Financial Markets Conduct Act 2013 (FMCA), which Mr McClune did not oppose. No reparation order was made because the Judge considered to do so would be futile.

• Related media release: Former financial adviser sentenced for “gross breach of trust”
• Download the judgment issued on 3 October 2025 [183KB]
   

June 2025

Murray McClune has pleaded guilty to two charges of theft by a person in a special relationship (s 220(1) of the Crimes Act 1961), following an investigation by the Financial Markets Authority (FMA).  

• Related media release: Former financial adviser pleads guilty to charges of theft
   

September 2024

The Financial Markets Authority has filed criminal charges against a former financial adviser. The defendant, who has interim name suppression, has pleaded not guilty to two representative charges of theft by a person in a special relationship.

• Related media release: FMA files criminal charges against former financial adviser