Alex Swney pleads guilty to fraud charge over $2.5 mln of payments

Tue, 21 Apr 2015

April 21 (BusinessDesk) - Alex Swney, former chief executive of the Auckland city centre business association Heart of the City, has pleaded guilty to dishonestly using documents to obtain $2.5 million. Swney appeared in the Auckland District Court today to answer the charge brought by the Serious Fraud Office. According to an SFO statement, Swney admitted that while at Heart of the City he created fictitious invoices which when submitted, resulted in payments into accounts controlled by him. The one-time mayoral candidate is separately a...

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