Scoop has an Ethical Paywall
Former Investment Company Executive Facing Fraud Charges Named
A former executive who is alleged to have fraudulently obtained more than $2 million from the investment company he worked for can now be named after the Court lifted name suppression.
The Serious Fraud Office has brought 51 charges of theft by a person in a special relationship and 51 charges of false accounting against Neil Barnes, who currently resides overseas. A warrant has been issued for Mr Barnes’ arrest.
Mr Barnes was Chief Executive Officer of Nelson-based Investment Services Limited (ISL) and three associated property investment companies (ISL Group) between 2007 and 2018.
Between 2011 and 2018, he is alleged to have made 51 payments from company bank accounts into his personal accounts and incorrectly recorded these in ISL’s ledgers.
Fix & Fogg: NASA Hand-picks Kiwi Nut Butter Brand To Travel To Space In NZ First
Citizens of the Sea: Sailors To Revolutionise Our Understanding Of Pacific Biodiversity
Netsafe: Making A Splash With Online Safety: Netsafe Launches New Flagship Programme For Kids
NZGBC: Flood Resilience PhD Student Widi Auliagisni Named Future Thinker Of The Year 2024
Business Canterbury: European Free Trade Agreement A Game-changer For Canterbury
Business Canterbury: Urges Council To Cut Costs, Not Ambition For City
