Sydney insider trader Oliver Curtis has been released from jail after serving the minimum 12 months of his two year conviction.
And when the husband of Sweaty Betty publicist Roxy Jacenko was released from Cooma Correctional Centre today, his wife was there to pick him up in a private jet.
Curtis, 31, was convicted of conspiracy to commit insider trading pleaded last year, having pleaded not guilty to the original charges over bets on share price movements in 2007. He appealed the conviction and failed.
The trades were made based on information supplied by his former best friend, John Hartman, when he was an equities dealer.
Hartman turned prosecution witness in the case. The pair made $1.43 million in a year from their bets, spending it on a Mini Cooper, Ducati motorbike, and luxury overseas holidays.
Curtis worked at boutique investment bank Transocean Group when the offences took place in 2007 and 2008.
Hartman pleaded guilty to insider trading – mostly his own – and served 15 months. His sentence was reduced for giving evidence against Curtis.
Curtis left the jail with a security guard and headed to the nearby airport in a black Range Rover with tinted windows, ignoring the questions of media gathered outside, only saying “I’m just looking forward to getting home guys”.
He met his children, Pixie, 5, and Hunter, 3, and his wife on the plane.
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