Oliver Curtis to walk after a year in jail for insider trading
High-society white-collar criminal Oliver Curtis is set to be released from a NSW jail after serving one year behind bars for insider trading.
The husband of high-profile Sydney publicist Roxy Jacenko was jailed in June 2016 after being found guilty of conspiring to commit 45 illicit trades through which the 31-year-old and then-friend John Hartman swindled $1.43 million.
The Supreme Court trial was told the former banker made trades between May 27 and June 2008 based on confidential information that Hartman possessed as an employee of Orion Asset Management.
When sentencing him, Justice Lucy McCallum said the profits from the conspiracy were used to "fund a lifestyle of conspicuous extravagance".
READ MORE: Roxy Jacenko photographed kissing ex-boyfriend eight weeks before husband’s release from jail
Profits from the scam were spent on a new Mini Cooper, a motorbike, holidays in Whistler and Las Vegas and a luxurious Bondi apartment.
The judge set a maximum of two years in jail but ordered he be released on recognisance after serving a year.
In December, Curtis's appeal against his conviction was dismissed.
He's expected to be released from Cooma Correctional Centre on Friday morning.
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