2 Dec 2010

Accountant admits defrauding clients for 13 years

8:33 pm on 2 December 2010

A Waikanae accountant and tax adviser has pleaded guilty to dishonestly obtaining about $2 million from his clients.

The charges were brought by the Serious Fraud Office.

In a statement, the SFO says Ian Victor Petersen admitted in Porirua District Court 34 charges relating to 17 clients over a 13-year period.

The 61-year old dishonestly obtained a total of $2,000,292.97 from his clients.

The SFO says the result was achieved with cooperation from the Inland Revenue Department and police.

Petersen was remanded in custody for sentencing on 4 February.