11 Mar 2020
WOOD v R [2020] NZCA 48
- Citation
- [2020] NZCA 48
- Court
- Court of Appeal
Given prolonged, premeditated Ponzi-style offending causing substantial losses to many vulnerable investors and serious breach of trust, the Court found the Judge's starting point of eight years nine months was within range but increased global mitigation to reflect good character, cooperation, remorse and an early guilty plea, resulting in substituted concurrent sentences of five years six months and a minimum term of two years six months before parole eligibility.