Law & Regulation

Hunt for Mazda millions reaches NZ

Victoria Young
Tue, 26 Apr 2022

Hunt for Mazda millions reaches NZ
The fraud was committed against Mazda's European arm. (Image: Supplied)
Victoria Young
Tue, 26 Apr 2022
Five defendants are being sued in a New Zealand court for allegedly helping a German fraudster hold millions of dollars in assets in New Zealand.Lawyer Christopher Griggs said his client, the administrator of Mazda fraudster Rolf Häring’s bankruptcy, was “alleging a complex money laundering conspiracy” to recover Häring’s assets in New Zealand. According to German media outlet Leverkusener-Anzeiger, in 2013 Häring was convicted of helping former Mazda Europe PR manager Franz Danner rip off the car com...

Not convinced yet?

Subscribe to our Daily News Update free newsletter.

The Quiz FREE
QuiznessDesk, Monday, June 27, 2022
The Quizmaster | Mon, 27 Jun 2022

Don't forget to give our daily quiz a go. Good luck!

Infrastructure
Six year wait for three waters reforms far too long, says Scottish expert
Pattrick Smellie | Mon, 27 Jun 2022

The three waters reform will not prove its worth as quickly as it could if economic regulation is delayed until 2030, says the head of the water regulator for Scotland, the template for NZ's reforms.

Markets
Fletcher wowed analysts at last week’s investor day
Jenny Ruth | Mon, 27 Jun 2022

All five of the analysts’ reports BusinessDesk has seen have either “overweight” or “outperform” investment recommendations on Fletcher shares.

Sponsored
Investments to sustain the momentum of building in NZ

Classic Capital has opened its Land & Build fund to qualified wholesale and eligible investors.

Sponsored
High water marks: Watercare raises the tide on sustainability

The No.1 barrier to decarbonisation for NZ organisations is accurate measurement, says Microsoft’s Accelerating the Journey to Net Zero report.