Accountant books up 5 years’ jail

Hamilton accountant Gary Soffe has been sentenced to five years and one month in prison on one charge of false accounting and nine of theft by a person in a special relationship.

Soffe, 52, siphoned off millions of dollars from the entities entrusted to him, using the money to build a multimillion-dollar home in Tamahere, buy coastal properties in New Zealand and Fiji, a yacht worth several hundred thousand dollars, holidays overseas and Indonesian furnishings for his home.

Soffe even used money from the trusts to pay his power and rates bills.

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Family trust fraud case to court

A Hamilton accountant has pleaded guilty to stealing millions of dollars from a family trust – money he allegedly used to build one of the most spectacular homes in the Waikato at Tamahere, as well as buying beach houses and commercial property in Auckland. Updated: May 26

Sources say the total involved is at least $6 million, possibly more, reports the Sunday Star-Times

Gary Soffe is charged with one count of false accounting and obtaining by deception, and 10 counts of theft by a person in a special relationship.

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