Sydney construction boss George Alex found guilty of $10 million tax fraud syndicate

·

Sydney construction boss George Alex has today been found guilty of a conspiracy to defraud the Australian Tax Office (ATO) of $10 million.

According to The Age, a jury of nine men and three women returned a guilty verdict for Mr Alex and three co-accused Lindsay John Kirschberg, Gordon McAndrew and Pasquale Loccisano.

Two weeks ago, Mr Alex was also found guilty of conspiring to deal with more than a million dollars in proceeds of crime.

The verdicts came after a six-month trial and more than a month of deliberations.

George Alex (left) and his son Arthur Alex outside the NSW Supreme Court at Darlinghurst during their trial.CREDITWOLTER PEETERS
George Alex (left) and his son Arthur Alex outside the NSW Supreme Court at Darlinghurst during their trial. Photo: Wolter Peeters.

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

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.

When the guilty verdict was read out in court today, Mr Alex was missing from the dock. He was recently admitted to Northern Beaches Hospital to manage his withdrawal from opioids – a fact his own lawyers only became aware of on Monday morning.

Justice Desmond Fagan agreed to vary Alex’s bail conditions to allow him to remain in hospital until another detention hearing on Friday.

A sentencing hearing has been scheduled for November.

Source: The Age

Share:

KEEP UP TO DATE WITH TGH

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

Latest News

Questions surround sudden exit of St Euphemia College principal Penny Pachos

The Greek Herald can exclusively reveal that St Euphemia College principal Penny Pachos is no longer employed by the College.

A century in print: The Greek Herald celebrates 100 years at NSW Parliament

There was something fitting about The Greek Herald celebrating its 100th birthday inside NSW Parliament House.

Giant Cretan Lyra set for Guinness World record recognition

A massive Cretan lyra has been unveiled in southern Crete as its creators pursue a Guinness World Records title.

Mark Bouris shares his plan to live to 100

Businessman Mark Bouris says his goal of living to 100 is driven by family, health and science-backed habits rather than extreme biohacking trends, according...

Jo Boutros loses 40kg and launches healthy eating guide

Balancing family responsibilities, university, and three jobs, she developed unhealthy habits and struggled with binge eating in secret.

You May Also Like

Bill Ferg’s Lobster Cave in Melbourne enters administration amid financial turmoil

The Lobster Cave, a well-known seafood restaurant in Beaumaris, has entered administration after its owning company collapsed into insolvency.

Turkish Defence Minister calls for sharing ‘riches of the Aegean’ with Greece

Turkish Defence Minister has claimed that the co-exploitation of the "riches of the Aegean” was raised in talks with Nikos Panagiotopoulos.

Xi Jinping hails Greece as model for Chinese cooperation with Europe

The Chinese President and Greek Prime Minister Kyriakos Mitsotakis signed 16 deals, including an extradition treaty and investment agreementsGreeks promise to ‘overcome any obstacles’...