Overview
- Justice Natalie Whitby imposed a 14-year term backdated to September 2025, with parole eligibility after 12 years.
- A jury found Marco guilty on 43 fraud counts in September following a lengthy WA Supreme Court trial.
- Court evidence showed more than $253.8 million flowed into his accounts, with less than $200 million returned to investors.
- Only about $11 million was sent overseas for purported investments, as most funds went to paying other investors and personal assets including property and cars.
- Defense counsel said appeals will challenge the convictions and sentence, while victims flagged compensation claims and ASIC had shut the operation in 2018 before laying charges in 2022.