News

Rates round-up: May 7

Monday 7th of May 2012

The former IT company director who admitted to defrauding South Canterbury Finance of $103 million has been sentenced to eight years in jail.

Gavin Bennett used his company DataSouth as his personal vehicle to fund a lavish lifestyle, paid for with money loaned by South Canterbury on the basis of fraudulent IT leases.

Earlier this year he pleaded guilty to the fraud, one of the la...

Want to read the full article?
Click the button below to subscribe and will have unlimited access to full article and all other articles on the site.