Media release: (NSW) Jones - Bankrupt faces court for failing to disclose information

Wednesday, July 13, 2016

Douglas Byron Jones was prosecuted in the Downing Centre Local Court on 23 November 2015, for failing to fully disclose information to his trustee as required by law.

The lack of disclosure involved two questionnaires which needed to be filled out and returned to his trustee within two weeks.

Mr Jones became bankrupt in September 2012. The questionnaires were sent to him in 2013, but he did not return them until 2015.

Magistrate Glass stated he was not satisfied that Mr Jones had acted without intent to defraud his creditors by failing to provide the required information within the required timeframe.

Mr Jones was sentenced to imprisonment for three months, but was released on a three-month good behaviour bond of $1000.

The matter was prosecuted by the Office of the Commonwealth Director of Public Prosecutions.