NewsBite

Oliver Curtis to appeal insider trading conviction

Jailed banker Oliver Curtis will appeal his insider trading conviction on a point of law, it’s understood.

Roxy Jacenko has been diagnosed with breast cancer

Jailed Sydney white collar criminal Oliver Curtis yesterday lodged a notice to appeal his conviction for conspiracy to commit insider trading.

Curtis was sent to prison last month last month after a high profile jury trial. He was sentenced to two years jail with a minimum of 12 months behind bars.

He has fought the charges from the beginning.

His Sydney publicist wife Roxy Jacenko, who attended each day of the trial in the NSW Supreme Court, revealed just ahead of her husband’s appeal that she had been diagnosed with breast cancer.

She discovered the lump a week after Curtis, 30, was sent to prison. The couple, who live in a luxury apartment overlooking Bondi Beach, have two young children.

Curtis is being held at Parklea Correctional Centre in Sydney’s west, with his appeal listed for call-over in the NSW Criminal Court of Appeal on July 21 — next Thursday.

It is unclear whether he will now apply for bail to allow him to be with his family as his wife undergoes her cancer treatment.

It is understood Curtis’s appeal is on a narrow point of law, which will allow the matter to be dealt with quickly by the court.

Roxy Jacenko leaving Parklea Prison last week after visiting husband Oliver Curtis. Pic: Peter Kelly
Roxy Jacenko leaving Parklea Prison last week after visiting husband Oliver Curtis. Pic: Peter Kelly

Curtis’s friend John Hartman pleaded guilty to his part in the insider trading conspiracy and has served his time in prison.

Hartman, son of Sydney obstetrician Dr Keith Hartman of Mosman, is now living in Western Australia with his wife and young family. He works as an executive in billionaire Andrew “Twiggy” Forrest’s pastoral operations.

The Australian Securities and Investments Commission began its investigation into Curtis in 2009 after the regulator became aware that the young banker had used confidential information between May 1 2007, and June 30 2008 to trade on shifts in share prices — ultimately resulting in a total net profit of $1,4 million.

Curtis and Hartman, who was a broker, were best friends growing up in Sydney’s north, attending the exclusive St Ignatius Riverview Catholic school.

Curtis’s father is millionaire businessman Nick Curtis, who supported his son in court throughout the trial.

Christine Lacy
Christine LacyMargin Call Editor

Original URL: https://www.theaustralian.com.au/business/oliver-curtis-to-appeal-insider-trading-conviction/news-story/feb93bb953efb44ad603df823ef2c1e0