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NZ adviser guilty over false policy applications

A New Zealand adviser has admitted making four false life insurance applications.

Anthony Wilson submitted three applications with forged client initials, and one in which he falsely amended the application form. 

He also pleaded guilty at Auckland District Court to failing to disclose pre-existing medical conditions.

He was charged by the Financial Markets Authority, which has withdrawn two further charges of dishonestly using a document for pecuniary advantage.

Mr Wilson will be sentenced on July 12.