‘The George Alex 12’ reportedly blindsided as police seized assets worth millions

·

Alleged members of construction identity George Alex’s alleged $17 million tax fraud scheme were apparently ‘blindsided’ by the raids undertaken by police on July 21.

According to documents released by the Queensland Supreme Court, 12 people accused of being involved in the alleged syndicate were given almost no notice that the Australian Federal Police were applying to the court to freeze 99 individual assets that the police allege were funded by the proceeds of crime.

By the end of the proceedings on July 17, The George Alex 12 were ordered by the court to surrender control of millions of dollars worth of assets, The Daily Telegraph reports.

Read More: Construction figure George Alex arrested over money laundering, tax evasion

This included 14 properties, starting with Mr Alex’s waterfront apartment on the Gold Coast and a Sydney mansion in Earlwood worth $2.5 million, owned by a company linked to the construction identity.

Details on all the assets seizures can now be revealed after a non-publication order on their existence was lifted last week.

ARRESTS-and-CHARGES

Police applied for the assets to be frozen on July 17, but the existence of the case was prevented from being revealed by a non publication order.

The order was in place because the police investigation, known as Operation Bordelon, was preparing to make pre-dawn raids in New South Wales, Queensland and the ACT, four days later that would result in 12 people being charged.

Lawyers for the police explained to the court that the order had to be kept a secret — including from the 12 people who were about to have their assets frozen — to prevent them from either hiding or offloading the assets.

It was for this reason that police lawyers explained that the application to freeze the assets had to be heard without giving any of the 12 targets notice that the case was actually happening, court documents said.

Arthur Alex leaves Southport Watchhouse in Queensland. Picture: Glenn Hampson/The Daily telegraph

Mr Alex was alleged to be the leader of the syndicate that used labour hire and payroll companies to defraud the ATO. Millions of dollars were then allegedly transferred to Australian accounts controlled by other accused syndicate members.

Alex’s 22-year-old son, Arthur was charged with conspiring to cause a loss to the Commonwealth and intentionally deal with proceeds of crime, money or property worth $1,000,000 or more. He is yet to enter a plea.

Advertisement

Share:

KEEP UP TO DATE WITH TGH

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

Advertisement

Latest News

Genocide mentioned in Victorian Parliament

The movement for the recognition of the Genocide of the Armenians, Assyrians and Greeks has gained momentum in Victorian Parliament this week.

Evzones to lead ANZAC tributes and cultural celebrations in Adelaide and Sydney

The Evzones will visit Australia from 23 April to 4 May 2025, participating in Anzac Day and a series of cultural events.

Consent education safe as Chanel Contos responds to Dutton’s ‘indoctrination’ pledge

Peter Dutton has pledged a Coalition government would review the national school curriculum to eliminate “indoctrination.”

Alexia Apostolakis joins Matildas as train-on player

Melbourne City defender, Alexia Apostolakis, has been called into the Matildas squad as a train-on player ahead of the upcoming friendlies.

Rugby chief Peter V’landys addresses speculation about his future

Peter V’landys, chairman of the Australian Rugby League Commission and CEO of Racing NSW, has addressed speculation about his future.

You May Also Like

Sydney Olympic FC kick off new season on the right foot

Sydney Olympic FC kicked off the new season of the National Premier Leagues Men’s NSW with a narrow 2-1 opening round win over St George FC.

Whittlesea Multicultural Community Council to host health forum and cancer fundraiser

The Whittlesea Multicultural Community Council has announced the 2nd Health and Wellbeing Forum and Cancer Fundraiser on Sunday, June 30.

NSW Taxi Council responds to proposed $1 billion compensation package for licence owners

The NSW Taxi Council has welcomed a proposed $1 billion package to give licence owners six figure compensation payments.