Man facing $17.5m HPE fraud case has contempt sentence cut by Court of Appeal

Now-freed 'serial entrepreneur' has yet to face a full trial


Peter Sage, the "serial entrepreneur" accused by HPE of defrauding it out of $17.5m worth of servers, has been freed from prison by the UK's Court of Appeal.

Sage's jail term for contempt of court was cut from 18 to 12 months by Lord Justices Kitchin, Richards and Henderson at a hearing on May 11, with the court reserving its detailed judgement until today.

Section 258(2) of the Criminal Justice Act 2003 states that anyone committed to prison for contempt of court must be automatically released after serving half of his sentence. Accordingly, Sage, having been jailed in January, is now a free man.

Lord Justice Henderson, giving the leading judgement, quashed one of the nine counts of contempt that Sage had previously been found guilty of. As Sage had already served five months in prison by that point, he would have been freed in June.

The quashed count was an accusation that Sage had concealed a £23,000 diamond and sapphire engagement ring from HPE's solicitors during a court-ordered house search in December 2015. Thanks to a "procedural defect" in the wording of the search order, the judge ruled that Sage should not have been found guilty on that count.

Sage is accused by Hewlett Packard Enterprise of duping the firm out of 42,000 servers over four years, through what HPE says was a fraudulent Dubai-based enterprise called Space Energy. Sage is said to have used the company to secure so-called "Big Deal" discounts from HPE and then allegedly resold the servers at full price in the UK. No trial on these issues has yet taken place.

HPE's law firm, noted City attack dogs Mishcon de Reya, secured a High Court order authorising them to raid the Leicester home Sage shared with his fiancée, Thea Thorpe. This took place in December 2015 and included a provision that any jewellery worth more than £1,000 found in Sage's home was to be handed over to the lawyers.

The full case, before the Queen's Bench Division of the High Court, continues. ®

Similar topics


Other stories you might like

  • DuckDuckGo tries to explain why its browsers won't block some Microsoft web trackers
    Meanwhile, Tails 5.0 users told to stop what they're doing over Firefox flaw

    DuckDuckGo promises privacy to users of its Android, iOS browsers, and macOS browsers – yet it allows certain data to flow from third-party websites to Microsoft-owned services.

    Security researcher Zach Edwards recently conducted an audit of DuckDuckGo's mobile browsers and found that, contrary to expectations, they do not block Meta's Workplace domain, for example, from sending information to Microsoft's Bing and LinkedIn domains.

    Specifically, DuckDuckGo's software didn't stop Microsoft's trackers on the Workplace page from blabbing information about the user to Bing and LinkedIn for tailored advertising purposes. Other trackers, such as Google's, are blocked.

    Continue reading
  • Despite 'key' partnership with AWS, Meta taps up Microsoft Azure for AI work
    Someone got Zuck'd

    Meta’s AI business unit set up shop in Microsoft Azure this week and announced a strategic partnership it says will advance PyTorch development on the public cloud.

    The deal [PDF] will see Mark Zuckerberg’s umbrella company deploy machine-learning workloads on thousands of Nvidia GPUs running in Azure. While a win for Microsoft, the partnership calls in to question just how strong Meta’s commitment to Amazon Web Services (AWS) really is.

    Back in those long-gone days of December, Meta named AWS as its “key long-term strategic cloud provider." As part of that, Meta promised that if it bought any companies that used AWS, it would continue to support their use of Amazon's cloud, rather than force them off into its own private datacenters. The pact also included a vow to expand Meta’s consumption of Amazon’s cloud-based compute, storage, database, and security services.

    Continue reading
  • Atos pushes out HPC cloud services based on Nimbix tech
    Moore's Law got you down? Throw everything at the problem! Quantum, AI, cloud...

    IT services biz Atos has introduced a suite of cloud-based high-performance computing (HPC) services, based around technology gained from its purchase of cloud provider Nimbix last year.

    The Nimbix Supercomputing Suite is described by Atos as a set of flexible and secure HPC solutions available as a service. It includes access to HPC, AI, and quantum computing resources, according to the services company.

    In addition to the existing Nimbix HPC products, the updated portfolio includes a new federated supercomputing-as-a-service platform and a dedicated bare-metal service based on Atos BullSequana supercomputer hardware.

    Continue reading

Biting the hand that feeds IT © 1998–2022