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Fraudulent former adviser fails in court bid

Sunday, May 22nd 2016, 6:02PM

Former Nelson-based financial adviser, Tony Mount, has has been denied the chance to take his case to the Supreme Court.

Mount stole $500,000 from clients and is serving a six-year jail sentence after being found guilty of 75 fraud-related charges, including theft by a person in a special relationship and obtaining by deception.

Mount failed to overturn his convictions in the Court of Appeal in 2015 but did have his sentence reduced from six years nine months' jail by the appellate judges.

He sought leave to take this case to the Supreme Court but that was denied last week. Mount's proposed appeal focused on his claim that his fair trial rights were breached because he didn't have a lawyer.

He also said the District Court failed to give him the required advice as unrepresented defendant.

However, the Supreme Court judges said these complaints were fully analysed the Court of Appeal.

"The proposed appeal does not raise any issues of public or general importance...there is no appearance of a miscarriage of justice," the Supreme Court said.

READ THE FULL DECISION HERE

Tags: financial advisers

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ANZ 5.69 4.39 4.45 4.55
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ASB Bank 5.70 4.45 4.39 4.55
ASB Bank Special - 3.95 3.89 4.05
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Credit Union South 6.45 - - -
Finance Direct - - - -
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Heartland Bank - Online - - - -
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Housing NZ Corp 5.80 4.69 4.49 4.45
HSBC Premier 5.89 3.99 3.99 4.39
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HSBC Special - 3.69 3.69 3.95
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Kiwibank 5.80 4.80 4.94 4.84
Kiwibank - Capped - - - -
Kiwibank - Offset 5.65 - - -
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Liberty 5.69 - - -
Napier Building Society - - - -
Nelson Building Society 6.10 ▼4.89 ▼4.99 -
Resimac 5.30 4.86 4.46 4.69
RESIMAC Special - - - -
SBS Bank 5.79 4.85 5.05 5.49
Lender Flt 1yr 2yr 3yr
SBS Bank Special - 3.99 3.99 3.99
Sovereign 5.80 4.45 4.39 4.55
Sovereign Special - 3.95 3.89 4.05
The Co-operative Bank - Owner Occ 5.65 3.99 3.99 4.15
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TSB Bank 5.69 4.55 4.49 4.65
TSB Special - 4.05 3.99 4.15
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Westpac 5.79 4.69 4.79 5.19
Westpac - Offset 5.79 - - -
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Median 5.80 4.45 4.42 4.42

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