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Evening Standard

World

Tristan Kirk

Sekonda boss sued by brother for ‘hiding £1.5m from late father’

Stephen Sekonda

Dispute: Marcus Margulies, 79, is accused by brother Stephen of hiding his share of the fortune
(Picture: Handout)

The multimillionaire tycoon behind Sekonda watches is being sued by his younger brother over an allegation that he hid at least £1.5 million from their late father’s fortune.

Marcus Margulies, 79, is accused of using “lies and deception” to cheat financier brother Stephen out of money left behind when their father, Alexander, died in 1991.

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