A now-bankrupt property developer who was jailed for duping a family into buying properties from his company should instead serve home detention, his lawyer has told the High Court.
Glenn Cooper bought properties at mortgagee sales and sold them to buyers who were under pressure to consolidate debt, the Serious Fraud Office said when the developer admitted five dishonesty charges in January last year.
Cooper, now in his early 40s, used false sale-and-purchase agreements to conceal the fact that the properties were actually owned by companies associated with him. He also forged signatures on the agreements and added false details to loan applications.
Cooper was jailed for 19 months by a Manukau District Court judge last November and ordered to pay $25,000 in reparations.
Cooper's lawyer, Tudor Clee, appealed that sentence yesterday in the High Court at Auckland, where he submitted that his client was entitled to a higher discount for remorse and his early guilty plea than that given in the District Court.