FMA files criminal charge against Prem Gounder, former financial adviser

(Image: Depositphotos)

Fri, 11 Apr 2025

The Financial Markets Authority (FMA) has filed a criminal charge against former Auckland-based financial adviser Prem Gounder for dishonestly using a document.The FMA alleges that Gounder, while acting as a licensed financial adviser, submitted a false document, namely a gifting certificate, in support of a home loan application made on behalf of a client.“This type of alleged conduct damages trust and confidence in New Zealand’s financial markets and businesses,” FMA head of enforcement Margot Gatland said. “The F...

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