August 28, 2013 4:55 pm •
![This numb nuts Bettle was also a director of lines company Powerco and listed software company Diligent.
The offending involving the huge amount (NZ standards) of $13.57 million spondoollies, [is there such a word? – well there is now!!!].
Joining Bettle were Paul Forsyth convicted of 5 charges, Vance Arkinstall 7 charges, Robert Whale, Ann Butler, Robert Barry and CEO of Dominion , Paul “I’m in the crap” Cropp.
Cropp earning the distinction of being convicted on four charges of theft under the Crimes Act 1961 and given two years seven months in the big house (prison).
Seems the SFO had the integrity at the very least not to buy into the FMA’s little settlement scam.
Adam Feely despite his penchant for a tipple of someone else’s champagne, (theft) did have the cahones to go after these blue tie wearing National party good old boys.
For that we, at LF, raise our glasses to the CEO of the Queenstown Hedonists, Champagne Guzzlers Association ….To Adam Feeley, Cheers!
Vance Arkinstall stepped down before he was sacked as CEO of the Investment Savings and Insurance Association.
This industry body represents Insurance and finance companies in New Zealand.
Despite the substantial amount of money involved in the offending only Mr Cropp received a jail term….amazing really given the District Courts propensity to jail young black dudes for J-walking and not paying speeding tickets.](http://www.laudafinem.org/wp-content/uploads/2013/08/bettle.jpg)
“NO DISHONESTY INTENDED” AS NATIONAL PARTY STALWARTS GO DOWN!
The New Zealand finance and insurance business has taken a beating with the recent conviction of some of its biggest names for fraud and theft. The lesson to be learnt here punters is:- don’t invest in either of these industries...