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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
John Anthony
Mon, 16 Dec 2024
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...
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