The Sensible Sentencing Trust is "outraged" that yet another white collar criminal has escaped a jail sentence. Anthony Bowden, a Director of failed finance company Five Star Finance has been sentenced to nine months home detention and 300 hours of community work. Under the Securities Act he could have faced a five-year jail term.
Sensible Sentencing Trust supremo Garth McVicar said today: "this sentence is a slap in the face for hard-working kiwi battlers. This man and his colleagues cheated ordinary New Zealanders of their savings, taking money invested by trusting mums and dads and gambling with it, to a tune of fifty million dollars. They should all do time in jail, and even that would be too good for them.
Warming to his theme, McVicar continued "ordinary New Zealanders have been swindled time and time again by these crooks in smart suits, who make unrealistic claims to attract investors who have little knowledge of the finance industry. Tragically, many of the people duped by Bowden and his like have lost all their savings and are facing poverty for the rest of their lives. We have seen far too many of these finance companies collapsing because of the greed and outright dishonesty of their directors"
"Community service for Bowden makes a mockery of the law. He will do a few simple tasks at his leisure; then he will claim the experience has made him a changed man. Meanwhile, his victims will be relying on charity this Christmas and for many to come."
McVicar, a simple farmer from Hawkes Bay before he became a crusader for justice, ended his press release by demanding custodial sentences for white collar crooks: "only the full force of the law will deter other accountants from becoming swindlers. People like Bowden should do time, so that decent Kiwi people will be free from these parasites."
No, he didn't say any of that.
I made it up.
Prefab Sprout, back in the day, for Sas: