A former Adelaide financial adviser has been sentenced to 18 months jail on 63 charges relating to the loss of $1.2 million in investors funds via the failed Queensland investment scheme known as Wattle Group.
The man, Mark Alan Taylor, was arrested in Malaysia in January this year after a bench warrant was issued in February, 2002, when he failed to appear in court as required by his bail conditions.
Taylor was released on a three-year good behaviour bond after the court took account of the time he had served in custody since his arrest in January.
The charges were brought by the Director of Public Prosecutions on a reference from the Australian Securities and Investments Commission.
