The former managing director of the collapsed Rare Coin Company will spend at least the next two years behind bars after being sentenced to stealing more than $1.8 million from investors over two years.
Robert Colin Jackman, 63, was jailed for four years and two months in the District Court in Albany yesterday after pleading guilty to 36 counts of stealing, which occurred before his business was placed into voluntary liquidation in 2013.
The company stored and sold rare coins and banknotes on behalf of investors many of them retirees and was storing customer purchases when liquidators were appointed in July 2013.
Police say investors were told by Jackman and his staff their stock had not been sold but after further investigation followi…
Read the full article at: https://thewest.com.au/news/wa/coin-chief-jailed-for-two-years-after-stealing-from-investors-ng-b88734593z