SFO charges over $1-million theft

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

Relevant offers

Money

Eric Watson: 'Brexit could provide a boon for Kiwi business' Kiwi travellers snap up British currency after pound plummets on Brexit KiwiSavers face nervous wait to see Brexit damage Brexit to put pressure on mortgage rates Hip replacements top Southern Cross Health Society's $840m claims list Government's RealMe vertified identities being issued at 14,000-15,000 a month Marlburians targeted in IRD phone scam Brexit: Sterling, stocks rise as markets bet Britain will remain in EU Parents under financial strain propping up adult offspring Cost-savings for businesses and workers who opt for a home office

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