We use cookies on this site to enable your digital experience. By continuing to use this site, you are agreeing to our cookie policy. close

Tycoon In Bitter Fraud Suit Says Relative Misused Funds

Law360, London (January 2, 2019, 3:57 PM GMT) -- A real estate tycoon accused of swindling £14.5 million ($18.2 million) from the property investment business that he ran has alleged in documents filed at the High Court in London that its founder is misusing the company’s funds to pursue legal proceedings against him in an increasingly bitter family dispute.

Edward Wojakovski, who served as chief executive of Tonstate Group Ltd. from 2003, said in documents filed Dec. 13 that it is “entirely appropriate” for him to seek relief against the “unfairly prejudicial conduct” of Arthur Matyas — the company’s founder and his father-in-law — and Matyas’ wife.

“Mr. and Mrs. Matyas...

Stay ahead of the curve

In the legal profession, information is the key to success. You have to know what’s happening with clients, competitors, practice areas, and industries. Law360 provides the intelligence you need to remain an expert and beat the competition.


  • Access to case data within articles (numbers, filings, courts, nature of suit, and more.)
  • Access to attached documents such as briefs, petitions, complaints, decisions, motions, etc.
  • Create custom alerts for specific article and case topics and so much more!

TRY LAW360 FREE FOR SEVEN DAYS