A former director of National Finance has been sentenced to a further nine months in jail for for misleading investors and making false financial statements.
Trevor Allan Ludlow is already in jail serving a sentence of five years and seven months for defrauding investors of about $3.5 million.
He has since pleaded guilty to eight charges brought by the Financial Markets Authority (FMA) in December 2011.
Following his sentencing at the High Court in Auckland on Thursday, he will now serve a total of six years and four months.
Justice Toogood told the court the charges by the FMA relate to how Ludlow acquired the funds and then misused them. He said Ludlow's offending was deliberate and dishonest.
More than 2000 investors lost $14 million when the company collapsed in 2006.
The Crown says it is the lengthiest joint sentence so far handed down to a director of a failed finance company in an FMA and Serious Fraud Office prosecution.
