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22 December 2020

Rodney McCall and Morgan Cooper Limited

December 2020 - Mr McCall sentenced in the Manukau District Court to 12 months’ home detention and to repay victims $70,031 June 2020 - Mr McCall plead guilty to, Two representative charges of obtaining by deception under section 240 of the Crimes Act 1961; One representative charge of dishonestly using a document under section 228 of the Crimes Act 1961; and Two charges of obstruction of the FMA’s powers under section 61(1)(b) of the Financial Markets Authority Act 2011.

 

9 August 2019

Name suppression on Rodney McCall and his company, Morgan Cooper Limited, was lifted on 8 August.

 

29 May 2019

The Financial Markets Authority has charged Mr McCall with offences under the Crimes Act and the FMA Act at the Manukau District Court. A first hearing is scheduled for 12 June 2019. 

Rodney McCall, also known as Rodney Crichton has been charged with:

  • 16 charges of obtaining by deception under Section 240 of the Crimes Act 1961
  • 3 charges of dishonestly using a document under Section 228 of the Crimes Act 1961
  • 2 charges of obstruction of the FMA’s powers under Section 61 (1) (b) of the Financial Markets Authority Act 2011.

Background

The FMA alleges Mr McCall and his company, Morgan Cooper Limited, contacted investors to promote a foreign exchange investment service which did not exist. He obtained just under $100,000 from the people he contacted. Neither he, nor his company was authorised or licensed by the FMA, but he held out he would invest funds on their behalf.

Mr McCall also obstructed the exercise of the FMA’s powers during the investigation, by giving false evidence in purported compliance with a notice issued to him under section 25 of the Financial Markets Authority Act 2011.