The appellant was convicted of a large-scale, complex fraud and sentenced to five years' imprisonment with a $100,000 restitution order.
On appeal, the Court of Appeal found no error in the trial judge's reasoning, noting that denunciation and deterrence are dominant for such offences.
However, based on sealed material regarding post-sentence events, the parties consented to a sentence reduction.
The Court allowed the appeal and reduced the sentence to three years.
