Victims who had their money stolen by former Rare Coin Company managing director Robert Jackman have been given no hope of their money being returned, despite restitution being ordered by Albany District Court last week.
Mr Jackman, 63, was sentenced to four years and two months jail last week and ordered to pay reparation of more than $1.8 million by sentencing Judge Julie Wager.
However, the court heard Mr Jackman and wife Barbara had been declared bankrupt with no assets and had only a modest $6000 in savings, dashing investors hopes of their money being returned.
Albany retiree Annemaree Mabbs, 70, who, with her husband, was among the 21 investors to pursue criminal charges against Mr Jackman after having $98,000 stolen from them, said …
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