Ex-Rockforte director pleads guilty to fraud charges

Sun, 01 Sep 2013

Sept. 2 (BusinessDesk) - Colin Simpson, a former director of failed Gisborne-based lender Rockforte Finance, has pleaded guilty to nine fraud charges of the 34 laid by the Serious Fraud Office, leaving the two remaining defendants to stand trial at the end of the month. Simpson has been remanded on bail for sentencing on Sept. 26 after he pleaded guilty to charges of theft by a person in special relationship, false accounting, obtaining by deception, and false statement by promoter. The offences carry prison sentences of between seven years...

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