Biotechnology entrepreneur William Ardrey faces a retrial on fraud charges after Western Australia's Court of Appeal found the jury had been misdirected in the original court case.
Convicted fraudster William Ardrey has been released on bail, 13 months after being sentenced to a four-year jail term, but has lost a bid to gain control of cash from the sale of a New York apartment.
A jury has found ex-biotechnology player and self-described Wall Street executive William Ardrey guilty of fraud relating to his tenure with Perth-based company Phoenix Eagle.
