The criminal proceeding brought by FMA relates to allegations of breaches of the Financial Reporting Act, Financial Advisers Act and Financial Service Providers (Registration and Dispute Resolution) Act.
The Serious Fraud Office has also laid separate charges under the Crimes Act against Mr Robinson.
Fellow director and financial adviser Andrew Hrothgar Robinson was sentenced to 12 months' imprisonment after pleading guilty to making the same false statements as Mr Turnock. See media release.
Mr Turnock pleaded guilty to a charge brought by the FMA. Mr Turnock will be sentenced on 24 November 2015. See media release.
Mr Robinson pleaded guilty to the charges brought by the FMA. Mr Robinson will be sentenced on 27 October 2015.
An adjournment of the trial has been granted on the application of one of the defendants. The matter will now be heard on 12 October 2015.
Mr Turnock and Mr Robinson appeared in the High Court for a case review hearing.
A 2 week trial on the FMA charges has been scheduled for April 2015
FMA’s prosecution of both Mr Turnock and Mr Robinson has been transferred to the High Court. A two week trial has been allocated for April 2015. Mr Turnock will next appear before the court on 9 July 2014.
Mr Turnock and Mr Robinson have both been remanded on residential bail conditions and will next appear before the Court on 24 June 2014.
Mr Turnock has been remanded on residential bail conditions until a further call over hearing on 15 April 2014. Mr Robinson will now next appear before the Court on 2 April 2014.
Mr Robinson and Mr Turnock attended a Case Review Hearing on 4 December 2013. Mr Turnock has been remanded on residential bail conditions until a further call over hearing on 4 March 2014 and Mr Robinson will next appear before the Court on 20 March 2014.
Mr Robinson and Mr Turnock pleaded not guilty to all SFO and FMA charges and opted for trial in front of a jury. Both were remanded on residential bail conditions until their Case Review Hearing on 4 December 2013.
Following a joint investigation into the activities of Auckland based company Strategic Planning Group Limited (SPG), the SFO and FMA have laid charges against former financial adviser Andrew Hrothgar Robinson.
FMA has laid additional charges against Mr Robinson and a co-director of SPGI, Mark Andrew Turnock. They each face two charges under the Financial Reporting Act of making false statements in the SPGI financial documents. SFO has not laid charges against Mr Turnock. See media release.