An investors' rights organisation has told supporters of South Canterbury financier Alan Hubbard that the Government's intervention in his businesses is wrong.
Mr Hubbard and his wife were put into statutory management in June this year, along with his company Aorangi Securities and several trusts.
Aorangi Securities' 400 investors have been told not to expect any return of interest or capital in the short term.
About 100 people gathered at the Theatre Royal in Timaru for a meeting hosted by the group Exposing Unacceptable Financial Activities.
Spokesperson Gray Eatwell says he has been lobbying throughout the financial crisis for other companies to be put into statutory management, but never foresaw it happening to Mr Hubbard.
Mr Eatwell believes there are other companies that the Serious Fraud Office should be investigating.
