Eight years' jail for director's $23m fraud
Gavin Clifford Bennett has gone to jail for eight years for defrauding $23 million from South Canterbury Finance and using some of it for a free-spending, grandiose life-style.
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$103m Datasouth fraudster awaits fate
Convicted fraudster Gavin Clifford Bennett, who spent millions on wine and women in Sydney, will be sentenced today in Christchurch.
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Guilty plea in $23m SCF case
High-flying fraudster Gavin Clifford Bennett spent $A900,000 (NZ$1.16 million) on "regular payments to various female companions", according to the Serious Fraud Office (SFO).
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Former Datasouth employees launch new venture
Steven Knutson and Peter Cummins lost their jobs on March 31 when the Christchurch-based DatasouthBusiness Solutions went into liquidation. Two days later, together with David Carter, from Datapro, the former members of the Datasouth software team formed Canterbury Business Solutions.
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Liquidators' report paints dark picture of Datasouth
IT solutions provider Datasouth, which went into liquidation on March 31, owes millions of dollars to more than 80 potential creditors according to a preliminary report by the company's appointed liquidators.
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