New Zealand's Financial Markets Authority Lays Charges Under The Crimes Act

An individual registered financial adviser appeared in the Auckland District Court yesterday in relation to various charges laid by the FMA under the Crimes Act.

3 charges of making a false document for pecuniary advantage, under section 256(1) of the Crime Act 1961. This carries a maximum penalty of 10 years imprisonment.

3 charges of dishonestly using a document for pecuniary advantage under section 228(1)(b) of the  Crimes Act 1961. This carries a maximum penalty of 7 years imprisonment.