A Sydney accountant who allegedly “defrauded at least eight clients” out of $26 million in “a bid to fund his lavish lifestyle and gambling habit” will today face court.
Following significant inquiries, police arrested the Silverdale man, 36, yesterday after officers were tipped-off to an alleged tax-related scam in June of last year.
They say the man has established links to Sydney’s underground crime networks.
The man’s home was raided, where detectives located and seized electronic devices, hard drives, documents as well as what they suspect to be a “small quantity of cocaine”.
The 36-year-old was charged with a string of offences, including 14 counts of dishonestly obtaining financial advantage by deception, knowingly dealing with the proceeds of crime and possessing a prohibited drug.
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The man’s alleged accomplice, a 25-year-old Penrith woman, was also arrested yesterday and charged with recklessly dealing with proceeds of crime.
The duo will face Penrith Local Court today as investigations continue.
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