The former director of the collapsed Rare Coin Company declared he was bankrupt as he faced charges that he stole more than $1.8 million from investors before the company collapsed four years ago.
Robert Colin Jackman appeared in the Albany Magistrates Court yesterday on 36 counts of stealing cash from 20 investors.
The charges follow a long investigation by the Major Fraud Squad.
The court heard the amount allegedly stolen totalled $1,819,530 from September 2011 to July 2013 before the company went into liquidation.
Mr Jackman sought a four-week adjournment for legal advice, telling the court he was now bankrupt and would need a grant of Legal Aid.
Im …
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