Although Hamilton's trial was expected to take up to eight weeks, it is running ahead of schedule and the Crown finished making its closing arguments today.
Crown lawyer Nick Williams told Justice John Faire this morning "there was no room for Mr Hamilton to argue he was merely acting on instructions or he was an innocent agent."
In its written closing submissions to the judge, the Crown said Hamilton had "full knowledge of what he was doing and why he was doing it".
Williams said this morning that Hamilton was involved in a scheme with Schofield and Belgrave directors Stephen Smith and Shane Buckley that had "subterfuge and deceit" at its heart.
"The overwhelming thrust of the evidence is that Mr Hamilton purposefully and deliberately helped Mr Schofield and Mr Buckley and Mr Smith make forbidden related party loans in breach of the [Belgrave's] trust deed," he said.
The defence is due to give its closing address to the judge tomorrow.
Schofield was charged alongside Belgrave directors Shane Buckley and Stephen Smith in September 2011, with the SFO alleging the defendants misrepresented how investors' money would be used. The trio were also charged by the authority for allegedly making untrue statements in offer documents.
It was alleged that, in substance, Schofield acted as a Belgrave director.
Buckley and Smith have pleaded guilty to charges they faced and been jailed, while Schofield was granted a stay on the proceedings he faced because he was suffering from terminal cancer.
