Former Central Hawke's Bay mayor, now Hawke's Bay regional councillor Tim Gilbertson, also hoped people would give Mr Pickett "a fair go".
"I think that while most people were outraged at the time and some are still pretty angry, the general feeling is that he has done his time and the community will let bygones be bygones," he said.
"Warren served the community in a number of roles before he fell from grace. While his offending was serious and had disastrous consequences for many citizens, CHB is a good-hearted and forgiving community. I believe that while he is unlikely in some quarters to be welcomed back with open arms, he will be given a fair go by the vast majority."
One of the victims, Murray Cameron, a retiree from Waipukurau, said he managed to recoup some of the money he had invested in Mr Pickett's company.
"We had dealt with him for more than 30 years and a lot of families also went with him as they wanted to follow the local man," he said. "We all feel we've been let down and I am afraid, to me, trust is everything."
Mr Cameron said he did not want to have any contact with Mr Pickett when he heard of his early release from prison.
"I consider the matter history now but for others, they've lost large amounts of money and it's still quite serious for them."