Two men who allegedly extorted money from a $144 million (£113 million) tax fraud syndicate allegedly used Sydney property developer Michael Teplitsky to launder their money and boasted about it.
Mr Teplitsky’s office in Double Bay was one of 30 properties raided on May 17 when police charged 11 people, including Australian Taxation Office deputy commissioner Michael Cranston, his son, Adam, and daughter, Lauren.
He was arrested momentarily after he allegedly assaulted a Fairfax Media photographer during the raid. His girlfriend, Olivia Korner, pulled the hair of a Fairfax reporter.
This article is for information purposes only.
Please remember that financial investments may rise or fall and past performance does not guarantee future performance in respect of income or capital growth; you may not get back the amount you invested.
There is no obligation to purchase anything but, if you decide to do so, you are strongly advised to consult a professional adviser before making any investment decisions.