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Two Bridgecorp directors are facing criminal charges for taking millions of dollars of investors money after the finance company had already collapsed.
Court staff have confirmed charges have been laid against directors Rod Petrocevic and Rob Roest.
Former finance director Roest, and Bridgecorp founder Petricevic are accused of signing false director certificates and collecting money from investors until July last year.
That is despite the company allegedly defaulting on payments since February of that year.
The company still owes investors around $450 million.
Burned Bridgecorp investors are heartened by the reports.
Barry Erikson, an investor who lost a significant sum in the collapse, says it is about time there was some accountability.
He says the directors have hoodwinked a lot of people and caused a lot of misery and hurt.
If convicted the pair face maximum penalties of $300,000 fines or five years in jail.
