Swindler who stole millions from elderly and sick clients jailed
July 31, 2009
A FRAUDSTER who stole $6 million from mainly elderly and sick victims, some of whom regarded him as a trusted friend, has been jailed.
Justice Forrest said Day seemed impervious to the lives he destroyed.
"Your actions of deliberate dishonesty over a period of nearly 10 years have caused heartache and misery to many of your friends and clients," the judge said.
"You must have been aware of the potential impact that it would have upon your clients, particularly those who trusted you with their life savings or substantial nest eggs."
Day, 65, had previously pleaded guilty to a total of 182 counts relating to obtaining property by deception, obtaining a financial advantage by deception, theft and making false documents.
From 1996 to 2004, Day systematically fleeced the business trust account and clients' investments, with much of the money used to finance his lifestyle, overseas holidays, property purchases and money for his adult children.
One of his victims, wheelchair-bound Mavis Avery, 75, of Apollo Bay, said outside court she was happy with the outcome.
"As long as he's off the streets, that's the main thing," said Mrs Avery, who had $414,000 stolen by Day.
Mrs Avery has a terminal tumour and both her husband and one of her daughters died of cancer around the time Day was stealing her nest egg.
"I said four years ago I wouldn't die until this man went to jail," she said.
One of his victims, wheelchair-bound Mavis Avery, 75, of Apollo Bay, said outside court she was happy with the outcome.
"As long as he's off the streets, that's the main thing," said Mrs Avery, who had $414,000 stolen by Day.
Mrs Avery has a terminal tumour and both her husband and one of her daughters died of cancer around the time Day was stealing her nest egg.
"I said four years ago I wouldn't die until this man went to jail," she said.
As Day was led from the prisoners' dock there was spontaneous applause from a number of his victims in court.
Abridged
-----------------------------------------------------
Search Right Col/Labels for More Posts/Resources
No comments:
Post a Comment