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Plutus 'mole' gets three years behind bars - The Australian Financial Review

Justice Anthony Payne accepted Mr Kitson's role was slightly below the principal architects of the Plutus conspiracy but found he still played an integral part, including by destroying evidence.

"He was an essential facilitator of the conspiracy," he said. "I accept he was not the brains trust of the scheme but his role was significant and essential."

However, the judge reduced a potential sentence of nine years out of a maximum 10 after considering, among other factors, that Mr Kitson was a person of "good character", he pleaded guilty early, it was his first offence and that he was unlikely to reoffend.

A psychiatric report revealed Mr Kitson had reflected on his actions in relation to the conspiracy and expressed genuine remorse.

"I wanted to develop a persona of success and wealth," he told his psychiatrist. "I thought that was my purpose and would provide happiness."

Mr Kitson, who was addicted to cannabis in recent years, said he was depressed even before Plutus when he had been working in IT recruitment and earning $250,000 a year.

"I have a pretty girlfriend, a Porsche and an expensive apartment and I'm still not happy," he told his psychiatrist.

After the Australian Federal Police arrested Mr Kitson and the other conspirators, he said he had an emotional breakdown.

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"I came to the conclusion that wealth is not the answer," he told his psychiatrist.

Since his arrest, the court heard Mr Kitson had used his knowledge of technology and automation to develop and roll out voice-activated command systems for the homes of disabled people.

Mr Kitson received the sentence calmly as he was taken away by court officers. However, his mother broke down in tears.

Simon Anquetil, the CEO of Plutus who is also facing charges over the fraud, was seen comforting her along with family and friends.

Mr Kitson's earliest release is August 2022 and if he is let out he will serve the rest of his sentence in the community.

The alleged architects of the Plutus conspiracy have pleaded not guilty and are expected to have their committal hearing in September.

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