SFO lays charges in alleged $1.4M fraud

Serious Fraud Office lays charges in alleged $1.4M fraud

The Serious Fraud Office (SFO) announced this week that it had laid charges against Martyn Tewsley Scott, a 51 year old from Meadowbank, Auckland.

The SFO alleges that Mr Scott fraudulently obtained in excess of $1.4M during the six year period employed as the general manager of a family run security equipment supply business.

The charges relate to the alleged manipulation of the company accounting system by Mr Scott, who redirected invoice payments due to suppliers to bank accounts under his control. He allegedly varied the method to divert payments due to genuine suppliers or would create false supplier invoices to substantiate payments covertly paid to his bank account.

Mr Scott appeared in the Auckland District Court having been charged with seven representative counts of accessing a computer system for a dishonest purpose.

Mr Scott was remanded on bail, without plea, to reappear on 21st October 2010.

ENDS

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