Michael Swann – 9 years, 6 months
Michael Swann was sentenced to nine years six’ months jail in 2009 for his part in defrauding the Otago District Health Board of $16.9 million. He spent almost $11.6 million on boats, flash cars and properties – buying some with suitcases of cash. A former employee of the health board, Swann was released on parole earlier this year after serving four years and eight months of his sentence. As at July, police had recovered about $3.6 million from Swann, mostly through the sale of assets seized under the Proceeds of Crime Act. Millions of dollars more remain unaccounted for.
Sentencing of other notable white collar criminals – continued
Neal Nicholls – 8 years, 6 months and Wayne Douglas – 8 years, 2 months
Gavin Bennett – 8 years
Jacqui Bradley – 7 years, 5 months
Rod Petricevic – 6 years, 10 months
Stephen Versalko – 6 years
Full details and photos
http://www.nzherald.co.nz/crime/news/article.cfm?c_id=30&objectid=11271814
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