Former Billabong boss and convicted fraudster Matthew Perrin has been denied bail ahead of an appeal.
Perrin has been in prison since January after being sentenced to eight years' jail for forging a number of signatures, including that of his then-wife Nicole Bricknell to scam $13.5 million from the Commonwealth Bank.
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Matthew Perrin denied bail
Former Billabong CEO Matthew Perrin will continue to serve an eight year sentence for forgery and fraud after being refused bail while he appeals the verdict. Nine News
His lawyers argued the trial judge had made an error in directions to the jury about Perrin's authority to sign his ex-wife's name, but the Brisbane Supreme Court on Monday found the grounds of appeal weren't strong and dismissed the bail application.
AAP