close
MENU
Hot Topic Hawke’s Bay
Hot Topic Hawke’s Bay
Law
5 mins to read

Court finds Watson/Wikeley fraud against Sir Owen Glenn

Bizarre case spearheaded by fugitive businessman Eric Watson and a fraudster he ‘likely met in prison’ has resulted in judgment from Kentucky Court claiming US$123.8m against Glenn’s company Kea Investments was obtained by fraud.

Sir Owen Glenn, left, accused Eric Watson, right, of involvement on fraudulent conspiracy.

Tim Hunter Mon, 27 Nov 2023

Fugitive businessman Eric Watson and an associate in Australia, Ken Wikeley, faked a “commercially non-sensical” contract with Sir Owen Glenn’s investment company in a $200 million conspiracy involving a fraudster Watson “likely met in prison”, the High Court has ruled.

The bizarre case

Want to read more? It's easy.

Choose your best value subscription option

Student

Exclusive offer for uni students studying at a New Zealand university (valued at $499).
Individual
Group membership
NBR Marketplace

Yearly Premium Online Subscription

NZ$499.00 / yearly

Monthly Premium Online Subscription

NZ$44.95 / monthly

Smartphone Only Subscription

NZ$24.95 / monthly

Premium Group Membership 10 Users

NZ$350+GST / monthly

$35 per user - Pay by monthly credit card debit

Premium Group Membership 20 Users

NZ$600+GST / monthly

$30 per user - Pay by monthly credit card debit

Premium Group Membership 50 Users

NZ$1250+GST / monthly

$25 per user - Pay by monthly credit card debit

Premium Group Membership 100 Users

NZ$1875+GST / monthly

$18.75 per user - Pay by monthly credit card debit

Yearly Premium Online Subscription + NBR Marketplace

NZ$499.00 / yearly

Already have an account? Login
Tim Hunter Mon, 27 Nov 2023
Contact the Writer: thunter@nbr.co.nz
News tip? Question? Typo? Let us know: editor@nbr.co.nz
© All content copyright NBR. Do not reproduce in any form without permission, even if you have a paid subscription.
Court finds Watson/Wikeley fraud against Sir Owen Glenn
Law,
101845
true