George Alex guilty on $1 million charge as deliberations continue for tax fraud trial

·

Construction boss George Alex has been found guilty of conspiring to deal with more than a million dollars in proceeds of crime.

Alex was “too unwell” to attend the NSW Supreme Court at Darlinghurst to witness the verdict, as a jury advanced to deliberate over whether he headed a $10 million tax fraud scheme.

The six-month trial involved five other men including George Alex’s 26-year-old son Arthur Alex, who was found not guilty of the single charge against him.

George Alex (R) with his son Arthur Alex (L). Photo: Kate Geraghty.

The group are accused of running a labour hire business with legitimate construction industry clients and used a multi-layered, “revolving door” of companies to pocket pay-as-you-go (PAYG) withholding tax from the wages and salaries of labour hire and office staff.

It was initially alleged $13.1 million was not remitted to the ATO. However, this amount was corrected to around $10 million.

Prosecutors allege secret recordings captured Alex leading the tax fraud scheme, and argue conspirators retained a “substantial amount” of the proceeds for personal benefit, including the purchase of a $1.9 million apartment in Surfers Paradise and multiple Range Rovers.

The jury will continue deliberations next week to determine the verdict of an alleged tax fraud conspiracy charge.

Source: 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

Mother’s Day for Greek Australians: A time for love, memory and reflection

The roots of Mother’s Day can be traced back to Ancient Greek and Roman festivals which honoured the mother goddesses Rhea and Cybele.

Greek olive oil poised for growth in booming Australian market

A study by the Economic and Commercial Affairs Office of the Greek Consulate in Sydney highlights strong opportunities for Greek olive oil.

The Greek alphabet may be older than first thought

Associate Professor Willemijn Waal, with the help of a Vici grant, aims to explore whether the alphabet could be several centuries older.

Evangelos Demos to give seminar on the geopolitics of Greek foreign policy

Evangelos Demos is currently a PhD candidate at the University of Sydney under the supervision of Professor Vrasidas Karalis.

Niki Louca shares her recipe for Daktylies (Cypriot-style bread)

Niki Louca from My Greek Kitchen shares her favourite recipe for Daktylies (Cypriot-style bread) with The Greek Herald.

You May Also Like

Blessing of the Waters ceremony marks Epiphany in Darwin

Greek Orthodox people in Darwin gathered at the city's Waterfront on Sunday to mark the annual Blessing of the Waters ceremony.

Travel applications open for overseas parents of Australian citizens and residents

Overseas parents of Australian citizens and permanent residents are now able to apply for a travel exemption.

WWII Submarine HMS Trooper finally discovered in Greece

For years, recovery teams tried to locate the wreckage of the HMS Trooper submarine, last reported seen on October 14, 1943.