Story: Business failures and corporate fraud

Auckland land holdings

Charles Heaphy produced this map of Auckland in 1851 to identify the original purchasers of Crown land. The properties shown here, on Auckland’s waterfront, were sold in 1841. Some were bought by government officials, who are believed to have used their inside knowledge for personal gain. However many of these buyers suffered when the economy went into recession in 1842.

Using this item

Auckland City Libraries - Tāmaki Pātaka Kōrero
Reference: NZ Map 816

Permission of Auckland City Libraries Tāmaki Pātaka Kōrero must be obtained before any re-use of this image.

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How to cite this page:

Graeme Hunt, 'Business failures and corporate fraud - 19th-century business failures', Te Ara - the Encyclopedia of New Zealand, (accessed 12 August 2022)

Story by Graeme Hunt, published 11 Mar 2010