Report A Fraud

Case number 190903

closed

Penrich Capital Ltd

Kelly Simon Tonkin has been sentenced to eight years six months imprisonment with a minimum non-parole period of four years three months on charges brought by the Serious Fraud Office. Mr Tonkin was sentenced in the Christchurch District Court on 21 December 2021 having pleaded guilty to representative charges of ‘False accounting’, ‘False statement by promoter’ and a charge of ‘Forgery’ relating to the Penrich Global Macro Fund.

Note there is a suppression order in relation to this matter that covers the names of all complainants and any connected persons such as investment advisors.

Case Timeline

  • December 2021Dec 2021
    Defendant sentenced in the Christchurch District Court to eight years six months imprisonment with a minimum non-parole period of four years three months
  • November 2021Nov 2021
    Disputed Fact Hearing Christchurch District Court -11 November 2021
  • September 2021Sep 2021
    Defendant scheduled to appear in court for sentencing on 16 September 2021.- date changed
  • June 2021Jun 2021
    Kelly Simon Tonkin (52) appears in the Christchurch District Court on 18 June 2021 and pleads guilty to charges of ‘false accounting’, ‘false statement by promoter’ and ‘forgery’.
  • June 2021Jun 2021
    Defendant scheduled to appear in the Christchurch District Court on 18 June.
  • March 2021Mar 2021
    Charges filed in the Christchurch District Court on 26 March.
  • April 2020Apr 2020
    SFO announces on 2 April an investigation into the affairs of Penrich Capital Limited had commenced.