The husband of high-profile Sydney publicist Roxy Jacenko, Oliver Curtis, has been sentenced to at least one year in jail for insider trading.
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Justice McCallum sentenced Oliver to two years jail, with possible release after one year on good behaviour.The stockbroker was charged and convicted for the $1.43 million he secured through trades that were based on illegal tip-offs given to him by his childhood friend and former Orion Asset Management employee John Hartman.
“Mr Curtis has not embraced responsibility for his offending,” Justice McCallum said, adding he was driven by “self-interested pursuit of material wealth”.
Before adding she did not believe the 30-year-old felt remorse for what he did.
“It is wrong to regard insider trading crime as victimless,” she remarked.
Nine News reported when Oliver received his sentence, he kissed his wife and handed her his wedding ring.
The judge also acknowledged that Oliver has changed since he committed the crime over eight years ago, when he was 21 and 22.
“It’s always gutting especially when young people are concerned.”
Roxy stated to the court that her husband was the kids’ “primary carer” as she was often busy at her “24 hours, 7 days a week” job.
“If Oli were to be sent to jail our children will lose the close relationship the have with their father for a period of time,” the Sweaty Betty PR executive quipped.
“Given their ages I’m worried about the effect this will have on them.”
“I will need to significantly reduce the amount of hours that I work to maintain my businesses in order to take up the parental responsibilities that Oli currently has.”
This story originally appeared in Woman’s Day
VIDEO: Oliver Curtis guilty of insider trading
