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Home / Business

Ex-FMA analyst faces more charges

NZ Herald
25 Nov, 2015 04:30 PM3 mins to read

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Police have alleged Kiro forged an academic record from Australian universities and used a false curriculum vitae to obtain employment at the FMA. Photo / Facebook

Police have alleged Kiro forged an academic record from Australian universities and used a false curriculum vitae to obtain employment at the FMA. Photo / Facebook

A former Financial Markets Authority analyst who allegedly forged his academic record is now accused of providing a forged employment contract with Fonterra to rent a downtown Auckland apartment.

At least nine further charges have been laid against Benjamin Anthony Kiro, who spent last night in custody.

Police are expected to oppose his release on bail today.

Police have alleged Kiro forged an academic record from Australian universities and used a false curriculum vitae to obtain employment at the FMA, which regulates New Zealand's capital markets. He has not worked at the regulator for several months.

Kiro is also alleged to have convinced women he met on online dating sites such as Tinder, or businessmen introduced to him by associates, to invest in companies soon to list on the stock exchange.

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Police alleged the funds given to him, ranging from $2000 to $120,000 from each of the six complainants, were never invested.

Those allegations are associated with 11 forgery or theft charges laid in September against Kiro in the Auckland District Court.

Police have now filed multiple further charges against Kiro. Three of the new charges allege forgery, two allege use of a forged document and three allege theft.

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Kiro was arrested when he came to court yesterday, his defence lawyer said.

According to court documents filed yesterday, Kiro allegedly used a forged Fonterra employment contract to obtain a tenancy for an apartment on Gore St, in Auckland's central business district.

It is understood that Kiro lived in the apartment for a short time last year.

Kiro, according to new court documents, also allegedly falsified an offer of employment from AMP Capital as head of investment operations and a contract with AMP Capital in his own name with a $146,000 salary.

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As well as this, he is now alleged to have also falsified a letter of employment for BT Financial Group.

The three new theft charges allege Kiro was given a total of $70,000 from three different people to invest on their behalf but intentionally used the funds not in accordance with their requirements.

The week after the first set of charges were laid against Kiro, the Tenancy Tribunal terminated his lease on a Parnell apartment.

The tribunal adjudicator said rent was at least 21 days in arrears and $1100 damage was done to the garage wall and a door during Kiro's tenancy.

It ordered that an $1800 bond be paid to landlord Alistair Tolmie and that the former tenant pay a further $2750 in rent still owing.

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