Disgraced former Heart of the City boss Alex Swney intends to lead a “much simpler”, “downgraded” lifestyle after being released from prison less than half way through his jail sentence.
In June 2015, Swney was found to have stolen about $2.5m from Heart of the City over 10 years, as well as failing to pay about $1.76m in tax over the same period.
Swney was serving five years and seven months in jail for stealing from the Auckland business group because he felt he was not paid enough.
The Inland Revenue Department had also been chasing him to recover $4.6 million in outstanding tax, interest and penalties.
from Ellie NZ Rss http://www.stuff.co.nz/business/92886920/Alex-Swney-former-high-flyer-now-bankrupt-will-live-a-downgraded-lifestyle-on-prison-release
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https://ellieplume83.wordpress.com/2017/05/23/alex-swney-former-high-flyer-now-bankrupt-will-live-a-downgraded-lifestyle-on-prison-release/
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