Director gets suspended sentence

Oliver Wood, the director of three Perth-based web development and digital marketing companies, has been handed a 10-month suspended prison sentence for using his position dishonestly to gain an advantage.

Wood was sentenced to 10 months imprisonment, fully suspended upon entering into a $5,000 recognisance to be of good behaviour for 10 months, and was fined $40,000.

He was convicted in the District Court last week on three counts of using his position as a director of SEO Company dishonestly, including withdrawing more than $29,000 from the company’s bank account for personal use, and four counts of making a false statement in a document lodged with the Australian Securities and Investments Commission.


(existing subscribers)

The password field is case sensitive.
Request new password

Register for free

Sign up here for free access to 7 articles per month + twice daily business email alerts.

Thanks! This question prevents spammers...
Enter the characters shown in the image.


Perth, WA
This pom has wreaked havoc on business in Perth for nearly a decade now. Stole $45,000 from me and countless thousands from others. His comeuppance is on it's way.

Add your comment

Share Price

Closing price for the last 90 trading days
Source: Morningstar

BN30 Index

Index = 100 as of 4 Jan 2016
Source: Morningstar

Total Shareholder Return as at 31/05/17

1 year TSR5 year TSR
142ndFortescue Metals Group72%5%
292ndWoodside Petroleum22%6%
340thNorthern Star Resources12%52%
461stAtlas Iron-6%-63%
706 WA (and selected non WA) listed companies ranked by 1 year TSR relative to other companies with similar revenue
Source: Morningstar

Share Transactions

$52k Bought
$6.9m Bought
$0 Other
Total value as at the date of the transaction
Source: Morningstar


1st-Fortescue Metals Group$9,806.1m
3rd-Woodside Petroleum$5,715.9m
4th↑Atlas Iron$803.7m
5th-Northern Star Resources$787.2m
495 listed resources companies ranked by revenue.
Source: Morningstar

Remuneration from Fortescue Metals Group

4thNev Power$5.324m
691stMark Barnaba$223k
819thSharon Warburton$170k
Ranked by total remuneration from all listed WA companies

BNiQ Disclaimer