William David Wallader acquitted

William David Wallader, 62, was serving a minimum six-month jail term after being found guilty in May.The Court of Appeal in Brisbane has acquitted a former financial adviser, jailed for possessing counterfeit US treasury bonds worth $1.3 billion.
His trial heard he was negotiating the sale of the fake bonds to the Turkish Government when he was arrested. The court is yet to publish its reasons, but in a short hearing this morning allowed the appeal.
Mr Wallader is expected to be released today.

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