Adviser gets community work, fine
Anthony Wilson had earlier pleaded guilty to a total of four charges brought by the Financial Markets Authority at the Auckland District Court.
Wilson admitted three charges of making a false document for pecuniary advantage and one charge of dishonestly using a document for pecuniary advantage.
Wilson submitted three applications for insurance in circumstances where he had forged clients’ initials, and in one of those cases he had falsely amended the application form. The admitted conduct related to the disclosure of pre-existing medical conditions.
Wilson’s actions led to the insurer avoiding a claim for medical insurance on the basis of a breach of duty of good faith. Judge Black described this as a “profound” aggravating factor, which had caused “significant distress and hardship”.
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