David Ross appeals fraud sentence to victim outrage

A useful comparison of the different sentences given to some of the recent white collar fraudsters in NZ

BEGINS

Hamish Fletcher for the NZ Herald 11 June 2014

The length of David Ross’ minimum non-parole period is “crushing” says his lawyer, who applied to the Court of Appeal for it to be reduced.

Anger from Ross’ out-of-pocket victims is still very raw as one of the country’s biggest fraudsters appealed against the minimum sentence he must serve in jail before becoming eligible for parole. Read More

 

Duped investors want full disclosure

A chilling insight into the problems of the liquidation of Strategic Finance.  RAM victims must work hard to avoid being treated the same way.

BEGINS

Chalkie is written by Tim Hunter deputy editor of the Fairfax Business Bureau

OPINION: An unfortunate weakness of our legal system is to treat investors like children in a Dickensian orphanage, told to run off and play up chimneys while their guardians divvy up their inheritance.

The investors’ patronised status was highlighted by the $22 million settlement announced last week over the collapse of Strategic Finance. Read More