Judge found FMO director ‘clearly negligent’ in West Coast fraud case
Long-running court saga instance of Fund Managers Otago’s poor performance.
Hamish McNicol
Thu, 12 Nov 2020
A director of the Dunedin fund manager that was stripped of three property investment funds worth more than $20 million was criticised as “clearly negligent” in a court case where an accountant fraudulently obtained more than $750,000.
The long-running court case, in which a couple from
Want to read more? It's easy.
Choose your best value subscription option
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 debitPremium Group Membership 20 Users
NZ$600+GST / monthly
$30 per user - Pay by monthly credit card debitPremium Group Membership 50 Users
NZ$1250+GST / monthly
$25 per user - Pay by monthly credit card debitPremium Group Membership 100 Users
NZ$1875+GST / monthly
$18.75 per user - Pay by monthly credit card debitYearly Premium Online Subscription + NBR Marketplace
NZ$499.00 / yearly
Already have an account? Login
Hamish McNicol
Thu, 12 Nov 2020
Contact the Writer: Hmcnicol@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.
Judge found FMO director ‘clearly negligent’ in West Coast fraud case
Law,
85553