Westpac sues Lane Walker Rudkin fraudster's ex Patricia Anderson for $50.8M

Tue, 26 Sep 2017

By Paul McBeth Sept. 26 (BusinessDesk) - Westpac New Zealand is suing the ex-wife of convicted Lane Walker Rudkin fraudster Ken Anderson for being a party to the fraud and is seeking damages of $50.8 million. The lender claims Patricia Anderson either defrauded it, or was part of a conspiracy to defraud it, by signing documents she knew were false in securing a $2.5 million letter of credit facility, which masked the financial strain the clothing manufacturer was under. She sought a number of interlocutory orders for the lender to ame...

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