8 Nov 2014

Fraud victims unhappy with sentencing

10:21 am on 8 November 2014

A Serious Fraud Office survey has found that victims of financial crime are far less satisfied with the sentences given to culprits than two years ago.

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Just 38 percent of financial crime victims reported satisfaction with the sentences given to culprits. Photo: PHOTO NZ

The two-yearly survey asks victims whether the sentence fairly reflects the extent of the offending.

In 2012, 65 percent of those surveyed felt this was the case.

This year, it was only 38 percent.

In its annual report, the Serious Fraud Office said although it aimed for victims to feel like justice has been served, it had no control over sentencing.

It said the drop in satisfaction reflected the nature of the cases since 2012.

It followed two of the three executives of South Canterbury Finance last month being cleared of all charges laid against them.

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