Guinness Share-trading Fraud - Appeals

Appeals

In May 1991, Saunders and his co-accused appealed against their convictions. The guilty verdicts were upheld, though his sentence was halved after medical evidence was produced to suggest he was suffering from a mental illness. Saunders was suggested by doctors at Ford Open Prison possibly to be suffering from premature Alzheimer's disease, a common form of dementia; if this was a correct diagnosis, he made a recovery unique in medical history. Alzheimer's, like all dementias, is usually incurable, being a progressive degenerative disease of the brain. Saunders has since maintained that he must have been depressed. The press presented it as Saunders being deceptive and ridiculed him and the decision to release him.

After work by lawyers for Parnes and Ronson in unearthing material about SFO investigations into other support operations, which they said should have been disclosed before the trial, a second appeal hearing was granted; the appeal court upheld the convictions.

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