SCF's Sullivan sentenced to 12 months' home detention, 400 hours community work

Fri, 12 Dec 2014

By Paul McBeth Dec. 12 (BusinessDesk) - Former South Canterbury Finance director Ed Sullivan, the only person convicted in the Crown's fraud case against the Timaru-based lender, has been sentenced to 12 months' home detention and 400 hours of community work. Justice Paul Heath sentenced Sullivan in the High Court in Timaru today after finding lender's director and lawyer guilty of four charges of making a false statement by a promoter and one charge of obtaining by deception in a five-month trial that ended in October, the Serious Fraud...

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