James Stephen Burns (41) has pleaded guilty to Crimes Act charges following a major joint enforcement agency operation (Operation Edit) led by the Serious Fraud Office (SFO).
The Wellington resident faced 24 charges in relation to an advertising invoice scam. The scam involved selling advertising in magazines that were either never printed, or in publications where gross misrepresentations as to the number of magazines to be printed and circulated were made to the advertisers. The magazines were generally titled in a way that suggested worthwhile causes in subjects such as road safety or parenting. It is alleged that the scam had generated up to $1.6 million since 2008.
"The SFO will continue work closely with our fellow agencies on Operation Edit as we proceed with the prosecution of the other defendants," SFO Director Julie Read says.
Terran Elizabeth Dow entered guilty pleas in July 2013 and was sentenced in October 2013. The three remaining defendants in this matter; Anthony John Hendon, Noelene Kay Banton and Johannes Hendrik Maria Middeldorp have been committed for trial.
Mr Burns will reappear for sentencing on 19 September.
This article is tagged with the following keywords. Find out more about MyNBR Tags
- SecureCom buys Atmospheric, the Microsoft NZ Partner of the Year gone bust
- 9 Spokes accelerates efforts to get into US
- Sky will take a gamble and put Westworld, aka 'the next Game of Thrones' on Neon
- AngelEquity launches with three investment offers
- 'Real housewife' lawyers up, accuses Devoy of bullying, defamation
Most listened to
- 9 Spokes CEO Mark Estall on his company's progress since listing.
- BusinessNZ CEO Kirk Hope - Upbeat on the economy, but worried about private debt
- SecureCom director Greg Mikklesen on buying Atmospheric
- Balkan borders and Kashmir killings on Foreign Affairs Scope with Nathan Smith
- Ironically, Trump showed the lack of stamina he had accused Clinton of, says NBR's Rob Hosking