How a twice-bankrupt NZer orchestrated a $4.3m investment scam

How a twice-bankrupt NZer orchestrated a $4.3m investment scam
A US firm has won a High Court case against a NZ man over fraudulent investment claims. (Image: Getty)
John Anthony
A United States fuel cell tech company has successfully pursued a twice-bankrupt New Zealand man for nearly US$2.8 million (NZ$4.85m) after he made fraudulent claims to attract investment in a shell company with no value. Hyzon Motors, incorporated in Delaware, sought judgment against Michael Bartlett, 81, in the High Court at Auckland for deceit and misleading conduct.Hyzon is in the business of designing and producing hydrogen fuel cells that provide zero-emission power for trucks and heavy industry.False representationsA recently releas...

More Law & Regulation

Court to decide Du Val asset seizure orders
Property

Court to decide Du Val asset seizure orders

Charlotte and Kenyon Clarke will get to have their say ten months on.

Maria Slade 16 Jun 2025
EPA tips firm on fast-track list into liquidation
Policy

EPA tips firm on fast-track list into liquidation

Energy Farms changed its name the same day it was liquidated.

Gregor Thompson 13 Jun 2025
The pragmatism behind the WorkSafe reforms
Law & Regulation

Mike Mercer: The pragmatism behind the WorkSafe reforms

The greatest risk right now is not the reform itself, but how it is being received.

Mike Mercer 13 Jun 2025
Underfunding of Standards NZ a safety risk: Engineers
Property

Underfunding of Standards NZ a safety risk: Engineers

But NZ is too small to self-fund standards development, the agency says.

Maria Slade 11 Jun 2025