SFO charges over $1-million theft

MATT NIPPERT
Last updated 14:21 04/03/2014

Relevant offers

Money

Investments register ‘almost impossible to use’ Budget Buster: Forget gift cards - give cold, hard cash this Christmas Blowing Bubbles: After the boom, an opening in the Wellington housing market Blowing Bubbles: Inside the auction room of NZ's hottest property market Blowing Bubbles: Cashed-up buyers still out in force at Auckland autions Porirua lawyer who had difficult client wins appeal against censure and costs Bank closure takes suburb by surprise Fraud leaves victims feeling angry and betrayed Worker unpaid for 10 weeks gets missed wages but no compensation Retirement commissioner Diane Maxwell's satirical video mocks 2013 policy failure

A Rotorua woman has been charged with ripping off pensioners to the tune of $1 million.

Linnet Lewis, 51, has been charged by the Serious Fraud Office in the Rotorua District Court with 26 counts of theft, forgery and dishonestly using a document.

She had pleaded not guilty, and a prior orders of name suppression lapsed today.

Lewis is alleged to have misappropriated funds given to her companies Lewis Administration and Algin Trust Services by predominantly retired clients.

Lewis's business provided financial services including bill paying, arranging tax returns and client investments.

Lewis was not a registered financial services provider or an authorised financial adviser.

The SFO was referred the case by Rotorua Police in June 2012.

SFO director Julie Read said: ''When a person is given authority to act on a client's behalf, the client should be able to trust that services will be provided in a professional manner consistent with the client's expectations.''

Ad Feedback

- Fairfax Media

Special offers

Featured Promotions

Sponsored Content