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Barry, Paul

Going for Broke: How Bond Got Away With it by Paul Barry

Going for Broke: How Bond Got Away With it by Paul Barry

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In March 2000, Alan Bond was released from hail after spending less than three and a half years behind bars. His release after 1298 days meant that he had spent roughly one day in prison for every one million dollars Bell Resources' shareholders had lost through his fraud. He had set many records in his time. But this one probably beat them all.

Only days before, a young Aboriginal man had been sentenced to a year in prison in the Northern Territory for stealing $23 worth of cordial and biscuits. Had the same formula been applied to Bond, he would have been forced to wait another 50 million years for his release.

Everyone has a Bond story. This is the one you haven't heard . . .

 

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