Managing partner at Hawaii CPA firm charged with felony theft - Hawaii News Now - KGMB and KHNL

Managing partner at Hawaii CPA firm charged with felony theft

Patrick Oki Patrick Oki
HONOLULU (HawaiiNewsNow) - He's a big University of Hawaii athletics booster, a former board member of the Boy Scout's Hawaii chapter and an expert on financial fraud.

But today, 45-year-old Patrick Oki is facing charges for the types of crimes he often investigates.

"He's accused of stealing partnership property," said Deputy Prosecutor Chris Van Marter.

"There were a lot of personal expenses, tens of thousand of dollars over this three-year period."

An Oahu grand jury indicted Oki on Wednesday on 13 counts of theft, money laundering and the use a computer in a crime. The panel alleged that he took more than $500,000 from his firm, PKF Pacific Hawaii LLP, where he serves as managing partner.

The indictment, which was unsealed today, said that Oki billed the accounting firm for a number of personal purchases and disguised them as legitimate business expenses.

Prosecutors did not provide details on how he spent the money but sources said that he spent thousands on a girlfriend overseas.

Oki's attorneys had no comment. He was arrested on Easter Sunday at Honolulu Airport and was released on $250,000 bail.

Oki is a volunteer treasurer for Ahahui Koa Anuenue, the official fundraising arm of University of Hawaii athletics. A Koa Anuenue spokesperson tells Hawaii News Now that Oki never had access to the organization's bank accounts.

"Mr. Oki had no direct control or signing authority over any of our funds ... no donor money was every put at risk as a result of Mr. Oki's involvement with AKA," said organization's spokesman Brandt Farias.

Oki is also a former president of the UH alumni association and was part of the panel that evaluated the school's financial controls in the wake of the failed Stevie Wonder concert.

Prosecutors said the alleged crimes were first detected by several former PKF partners, who have since left, taking their business with them.

"They were the fourth largest CPA firm at the end of 2013. They were recently reported as only the 10th largest," Van Marter said.

Oki is expected to make his initial court appearance as early as Thursday. If convicted, Oki up to 20 years in prison for the computer charge.

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