Page 5 - Robin Bates News Today

Photo: RNZ / Tess Brunton The 57-year-old this week appealed his prison sentence, non-parole period and a $5 million reparation order imposed on him. Kloogh was jailed for eight years and 10 months in July after defrauding dozens of investors of more than $15 million. A minimum non-parole period of five years and four months was imposed. He admitted 11 charges brought by the Serious Fraud Office in March. Earlier this week his lawyer, Sarah Saunderson-Warner, argued the sentencing judges starti...

Disgraced financial adivsor Barry Klooghs appeal dismissed © RNZ / Tess Brunton The disgraced Dunedin financial adviser, Barry Kloogh, will spend five years behind bars after most of his appeal against his sentence was dismissed. The 57-year-old this week appealed his prison sentence, non-parole period and a $5 million reparation order imposed on him. Kloogh was jailed for eight years and 10 months in July after defrauding dozens of investors of more than $15 million. A minimum non-parole per...

Dunedin financial adviser Barry Kloogh sentence for fraud too high - lawyer © RNZ / Tess Brunton The lawyer for disgraced Dunedin financial adviser Barry Kloogh is arguing his prison sentence and the $5 million reparation order imposed on him are too harsh. Kloogh was jailed for eight years and 10 months earlier this year after defrauding dozens of investors of more than $15m. He admitted 11 charges brought by the Serious Fraud Office in March. At his sentencing in the Dunedin District Court ...

Stuff Barry Kloogh had a penchant for European cars, but they were later seized after he was investigated for fraud. Klooghs end sentence was not far off that of fraudster David Ross, who was jailed in 2013 for 10 years and 10 months for his role in a $115m Ponzi scheme that ripped off more than 700 investors. Kloogh’s lawyer argued he was cooperative with authorities, which included handing over laptops. He had also been cooperative while serving time in prison, providing information that...

>> good morning, mr. simpson. >> good morning, maam. >> i conducted your last hearing in 2013 with hearing representative mr. robin bates. do you recall that hearing? >> yes, i do. >> all right. at the time, we asked you what your plan would be if we to grant you to your consecutive sentence you told us you were going to complete commitment to change. have you done that? >> no, i havent. at one point i couldnt take the course. you know, i took -- i took two courses that i guess you guys dont giv...

>> thank you. >> thank you. >> good morning, mr. simpson. i conducted your last hearing in 2013 with hearing representative mr. robin bates. do you recall that hearing? >> yes, i do. >> all right. at the time, we asked you what your plan would be if we were to grant you to your consecutive sentence and you told us you were going to complete commitment to change. have you done that? >> no, i havent. at one point i couldnt take the course. you know, i took -- i took two courses that i guess you gu...