Brother-in-law of George Alex charged over ‘fraud, laundering scheme’

·

Peter Kay, the brother-in-law of colourful Sydney construction identity George Alex, has been charged over the alleged $20 million tax fraud and money laundering scheme run by Mr Alex and jailed crime figure Michael Ibrahim, The Sydney Morning Herald reports.

Mr Kay, 54, who is married to Mr Alex’s sister Athina, is the 14th person to be arrested in relation to the alleged scheme.

He appeared in a Sydney court on Tuesday charged with recklessly dealing with more than $450,000 in proceeds of crime which should have gone to the tax office but instead went into Mr Kay’s bank accounts. The maximum penalty for this offence is 10 years’ imprisonment.

READ MORE: ‘The George Alex 12’ reportedly blindsided as police seized assets worth millions.

Peter Kay’s wife Athina Alex, gave evidence at the royal commission into trade unions. Photo: Ben Rushton.

On July 21, 2020, the Australian Federal Police arrested more than a dozen people, including George Alex and his son Arthur, over the alleged fraud which used construction labour-hire companies and associated payroll operators to defraud the ATO of more than $20 million.

READ MORE: Construction figure George Alex arrested over money laundering, tax evasion.

Like his wife Athina and George Alex, both of whom have been bankrupted, Mr Kay has also had a chequered business career. He was only discharged from bankruptcy last month.

Mr Kay was granted bail and will face court again on November 23.

Source: The Sydney Morning Herald.

Advertisement

Share:

KEEP UP TO DATE WITH TGH

By subscribing you accept our Terms of Service and Privacy Policy.

Advertisement

Latest News

Sydney remembers Cyprus’ fight for freedom ahead of National Day anniversary

Cypriot and Greek Australians gathered in solemn remembrance on Sunday, 30 March, for a memorial service marking Cyprus National Day.

Greek Orthodox Community of SA celebrates 204th year of Greek Independence

The Greek Orthodox Community of South Australia commemorated Greek Independence Day with joyous festivities on Sunday, 30 March.

From alleyway to legacy: Coburg’s Kastoria Lane project gains momentum

Merri-bek City Council has greenlit public consultation for the naming of Kastoria Lane, a project set to transform a neglected alleyway.

Burwood Council celebrates Greek National Day with local community

On Wednesday, March 26, Burwood Council hosted its annual Greek National Day celebrations, marking the 1821 start of Greece's Revolution.

Canberra remembers Greece’s fight for freedom with wreath laying and cultural display

On Sunday, Canberra’s Greek community came together to celebrate one of the biggest celebrations in Greek history, Independence Day.

You May Also Like

Antipodes Festival: Two days showcasing Greek culture at its best in Melbourne

Antipodes Festival: Two days showcasing Greek culture, food, music and dance at its best in Melbourne, Victoria.

Senator recommends Yanis Varoufakis for next chief of Australia’s central bank

Greens senator Nick McKim put forward Greek Australian Yanis Varoufakis as the ideal candidate for the next Reserve Bank of Australia leader.

Opposition Leader ‘Albo’ visits Marrickville’s Danias Timber to address decrease in apprenticeships

Leader of the Labor Party, Anthony Albanese, visited Marrickville's Danias Timber, this morning, with the intent to discuss the decrease in apprenticeships across Australia. His arrival was...