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Final sentences end Australia's long-running tax-fraud, blackmail case

( March 22, 2023, 23:04 GMT | Official Statement) -- MLex Summary: Five people have been found guilty for their roles in an Australian syndicate that conducted a A$105 million ($69.82 million) tax fraud over a three-year period. In a statement published today, the Australian Federal Police said the culmination of the 11-month trial was the result of a “diligent investigation and financial analysis” following initial arrests in what was dubbed “Operation Elbrus.” In the most recent round of sentencing, the Supreme Court of New South Wales hit a Sydney lawyer with a jail term of 12 years for his role in knowingly dealing in proceeds of crime, via amounts blackmailed from offenders who had participated in a syndicate that defrauded Australia’s federal government through unpaid taxes over three years. The full statement from the Australian Federal Police follows: ...

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