Photo: RNZ / Diego Opatowski
A warrant has been issued for the arrest of a former executive of a Nelson-based investment services company, who is facing fraud charges.
Neil Barnes is alleged to have fraudulently obtained more than $2 million from the company he worked for, Investment Services Limited, and three associated property investment companies, between 2007 and 2018.
He can now be named after the court lifted name suppression.
The Serious Fraud Office has brought 51 charges of theft and 51 charges of false accounting against Barnes, who currently resides overseas.
Between 2011 and 2018, he is alleged to have made 51 payments from company bank accounts into his personal accounts and incorrectly recorded these in ISL's ledgers.
