A Northern Virginia financial planning concern and its president have consented to judgments permanently enjoining them from violating registration and antifraud provisions of federal securities laws.

At the same time, an accounting of funds ordered last month by U.S. District Court Judge Albert V. Bryan Jr. is continuing. The accounting will help the court determine whether Financial Planning Center of Greater Washington Inc., National Financial Planning Centers Inc. and Walter H. T. Seager should be ordered to pay back profits to investors.

The Securities and Exchange Commission had charged the Northern Virginia firms and Seager with misleading investors by promising to invest their money in "fractional interests in large-denomination certificates of deposit" that would yield them interest rates as high as 24 percent.

Instead, some of the money was used to make purported principal and interest payments to new investors, and other money was used by Seager for personal expenses, including utility payments on his personal residence, grocery bills, dentist bills and veterinary bills, the SEC said.

Papers filed by the SEC indicate that at least eight clients had invested approximately $152,000, including a widow who invested "virtually all of the proceeds of her husband's life insurance."

Seager, the Financial Planning Center of Greater Washington Inc. and its parent company, National Financial Planning Centers Inc., had been restrained temporarily from violating federal securities laws, and the assets of the firms had been frozen when the accounting was ordered. A trial had been set for Jan. 25, but instead of going to trial, the defendants consented to the court order.