Former financial adviser pleads guilty to forging clients’ initials

by NZ Adviser18 May 2017
Former registered financial adviser, Anthony Wilson, has pleaded guilty to four alleged charges under the Crimes Act. 

Wilson yesterday pleaded guilty at the Auckland District Court to two alleged charges of making a false document for pecuniary advantage. The charges were filed by the Financial Markets Authority (FMA) under the Crimes Act.

Wilson previously pleaded guilty to one charge of making a false document for pecuniary advantage and one charge of dishonestly using a document for pecuniary advantage, according to the FMA.

Wilson admitted that he had forged clients' initials in three applications he had submitted for life insurance and in one of those cases he had falsely amended the application form. The admitted conduct related to the disclosure of pre-existing medical conditions.

The FMA has withdrawn two further charges of dishonestly using a document for pecuniary advantage.

Wilson will be sentenced on all four charges on 12 July 2017.

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