Guilty plea for financial adviser in $1.4 million fraud

Thu, 31 Mar 2016

By Edwin Mitson March 31 (BusinessDesk) - A financial adviser with clients in the Waikato and the Bay of Plenty has pleaded guilty to a $1.4 million fraud at the Tauranga District Court. Jonathan Graham West was a director of the Investment Centre and Matrix Futures which he ran between 1994 and 2013. He was charged with five offences of theft by a person in a special relationship. West offered clients financial planning, implementation of investment strategy services and reporting on investments. The SFO says that between 2008 and 2...

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