May 7, 2021

New plot twist in Eric Watson show as associates plead guilty to insider trading

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By Bevan Hurley From Stuff.NZ One was a Cayman Island-based stockbroker and film producer whose credits include the little known crime-comedy Badass Thieves. The other was a search engine expert who ran financial websites promoting supposedly savvy share tips. Now both Oliver Lindsay and Gannon Giguiere have pleaded guilty to conspiring to commit securities fraud in a US $10m […]

The trials of Eric Watson

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By Brian Gaynor From NZ Herald Courtroom defeats have left the high-flying businessman facing huge demands for payment. Eric Watson, the high-profile businessman, has hit two massive speed bumps in recent months. On July 31, the High Court of England and Wales found in favour of Sir Owen Glenn in his dispute with Watson. Six […]

Rich-lister Eric Watson’s Cullen Group defends $60m tax avoidance allegations in High Court [Cayman Islands named]

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By JOHN ANTHONY From STUFF The IRD alleges Eric Watson’s company Cullen Group avoided paying nearly $60m in taxes. A company belonging to rich-lister, Eric Watson owes the government nearly $60 million in unpaid tax, the commissioner for the Inland Revenue alleges. The complex tax trial for Watson’s Cullen Group opened at the High Court […]