Friday, March 2, 2012

SA: Six years jail for businessman who pleaded guilty to fraud

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SA: Six years jail for businessman who pleaded guilty to fraud

ADELAIDE, April 24 AAP - A 43-year-old Adelaide businessman who developed a computersoftware program for online credit card transactions was today jailed for six years forfraud.

Rohan James Dunstan was sentenced in the South Australian District Court after earlierpleading guilty to one count of fraudulent conversion and 32 counts of fraud other thanfalse pretences.

In his sentencing remarks today, Judge John Sulan said Dunstan stole more than $152,000from the Flight Centre, a national chain of travel agencies, and $424,977 from other creditcard accounts in Australia and overseas.

The money was used to prop up Financial Transaction Services, a business founded by Dunstan.

"Although you did not directly profit from this fraudulent conduct, the company ofwhich you had a 36 per cent interest was able to remain in business by using others' monies,and in this respect you profited indirectly," Judge Sulan told Dunstan today.

"You also were able to draw a salary and the business was able to continue."

Judge Sulan said Dunstan was hard working and intelligent but he had committed seriousoffences that amounted to a gross breach of trust.

Fixing a non-parole period of four years, Judge Sulan took into account Dunstan's twochildren who would be unable to maintain contact with their father in prison and Dunstan'sdifficult childhood.

"I accept that you have lost everything as a consequence of the business failure ofyour company," Judge Sulan aid.

"You are unable to make restitution and you have little left for your efforts."

AAP la/cjh/jlw

KEYWORD: DUNSTAN

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