A FORMER Hobart businessman who was jailed for two frauds which netted him more than $1.3 million has lost an appeal against his jail sentence.
Michael John Henderson, 58, pleaded guilty to more than 80 fraud offences committed between 1999 and 2006.
In December last year he was sentenced to seven and a half years in jail with a non-parole period of three years and nine months.
Henderson defrauded IBM of more than $468,000 through a fake leasing scam in the late 1990s.
He was charged but skipped bail.
While on the run, he took advantage of lax procedures surrounding the Commonwealth diesel rebate scheme and helped himself to $888,000.
He was arrested in New South Wales in 2009.
Henderson claimed he committed the crimes to pay back the debts of a murdered Melbourne underworld figure, but the sentencing judge said scant details of that claim were presented to the court.
The Court of Criminal Appeal considered his complaint that the punishment for the crimes was manifestly excessive.
In his decision, Chief Justice Ewan Crawford said that while the sentence was high and could have been lower, it did not amount to an error.
The court dismissed the appeal.
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