Toilolo v Letalu [2014] NZIACDT 52 (15 April 2014) [pdf, 129 KB]
...client engagement process. [2.3] He did not lodge the appeal, but dishonestly told his client he had done so. [2.4] He did not treat the unearned fee as client funds and instead took the money. [2.5] When his licence expired, he did nothing to protect his client. [3] The adviser has not challenged the statement of complaint, which set out these grounds. The Tribunal is satisfied the material before it requires that it uphold the complaint. The Statement of Complaint [4] The Registr...