TRAVIS Campbell of Berwick, Victoria has been sentenced to a 12 month suspended jail term for charges relating to assistance he gave to Daswani Group director Lux Daswani to dishonestly induce various banks to pay more than $798,000 to Daswani Group companies.
The Daswani Group went into liquidation in 2000, owing more than $30 million to creditors.
One of its major creditors was BankWest.
Mr Campbell pleaded guilty to the three fraud charges brought against him by the Australian Securities and Investments Commission.
Those charges related to allegations that he created false invoices for computer equipment under instructions he received from Mr Daswani.
Those invoices were then used to obtain loans from various banks.
The proceeds of those false invoices were forwarded to Daswani Group companies.
Mr Daswani was sentenced to 12 years jail in 2004. He was convicted of 12 criminal code offences of dishonestly inducing various financiers to loan more than $10 million to companies in the Daswani Group.