The New Zealand Financial Markets Authority has filed a criminal charge against Auckland-based former financial adviser Prem Gounder for dishonestly using a document under section 228 of the Crimes Act 1961. The FMA alleges that, while acting as a licensed financial adviser, Mr Gounder submitted a false document, described as a gifting certificate, in support of a home loan application made on behalf of a client. The charge was filed in the Manukau District Court. The investigation into Mr Gounder’s conduct, and the conduct of persons associated with him, remains ongoing.
New Zealand Financial Markets Authority 2025-04-11
New Zealand Financial Markets Authority files criminal charge against former adviser Prem Gounder over alleged false gifting certificate
The New Zealand Financial Markets Authority has filed a criminal charge against former financial adviser Prem Gounder for dishonestly using a document under section 228 of the Crimes Act 1961, alleging he submitted a false gifting certificate for a home loan application. The investigation into Mr. Gounder’s conduct and associated persons is ongoing.