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

Judge found FMO director ‘clearly negligent’ in West Coast fraud case

Long-running court saga instance of Fund Managers Otago’s poor performance.

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

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Hamish McNicol Thu, 12 Nov 2020
Contact the Writer: Hmcnicol@nbr.co.nz
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Judge found FMO director ‘clearly negligent’ in West Coast fraud case
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