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Farmer Behind NZ's Biggest GST Fraud Has $16m of Assets Confiscated

The High Court seized up to NZ$16.02 million in assets after John Bracken's large-scale GST refund fraud was uncovered, involving false claims on exports totaling $133 million.

Summary by NZ Herald
The Gisborne farmer behind New Zealand’s largest-ever GST fraud has been ordered to hand over up to $16 million in real estate and other assets to the Crown.

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Stuff broke the news in New Zealand on Tuesday, February 24, 2026.
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