Jailed ex-Billabong boss seeks release

jail-hands-behind-barsConvicted fraudster and former Billabong boss Matthew Perrin is seeking to be released from prison as he prepares to appeal his eight-year jail sentence.

Perrin has been behind bars since January when he was found guilty by a jury of forging his then-wife Nicole Bricknell’s signature to scam $13.5 million from the Commonwealth Bank.

The 44-year-old sought to use the couple’s luxury Gold Coast home, which was solely in Ms Bricknell’s name, as security to fund his failing investments.

Perrin also forged the signature of his brother Fraser Perrin as witness on the document.

He is expected to make an application for bail in the Brisbane Supreme Court on Friday as he appeals his conviction.

The jury found Perrin guilty of three charges of fraud and six of forgery but his lawyer has said they will argue those verdicts were unsafe and unsatisfactory.

Judge Dick said Perrin’s non-existent criminal history and good standing in the community were hallmarks of white collar crime in Australia.

“The position of trust of the offender is one reason why the offences are difficult to detect,” she said.

“Offences such as these where fraud is committed on an institution, large or small, strike at the heart of commercial integrity.”

Access exclusive analysis, locked news and reports with Inside Retail Weekly. Subscribe today and get our premium print publication delivered to your door every week.

Comments

Comment Manually

Inside Retail Polls

Fashion failures or rough market?
Does the recent spate of retailers entering administration indicate businesses shortcomings?

Inside Retail Directory

Twitter

Supermarket operator in trouble for allegedly underpaying employees. https://t.co/rtvc2fGCdg

14 mins ago

Large format emerging as most attractive assets. https://t.co/QuoNwzAc6t

44 mins ago

Retail sales slip according to latest national data. https://t.co/MZ1JTAut9o

1 hour ago
x

SUBSCRIBE
FREE NEWS BRIEFS Get breaking news delivered