‘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

Antonopoulos’ Le Sands temporarily closes amid dispute with Bayside Council

The iconic Le Sands Restaurant in Brighton-Le-Sands, owned by Paul and Elizabeth Antonopoulos, has temporarily closed its doors.

Canberra teen Aiden Stuart ‘lucky to be alive’ after hit-and-run incident

Aiden Stuart, a 15-year-old student from Canberra, remains in critical condition after being struck by an allegedly stolen car.

Canterbury resident Peter Katholos pays to mow overgrown lawn amid government inaction

Homeowners in Canterbury-Bankstown are taking action against overgrown grass along public roads, as councils fail to address the issue.

Double-header delight: St George Saints march away with two straight wins

St George Saints Men's White were out for redemption in round 2 of the Basketball NSW Men's Waratah League.

Magnis Energy sells US battery factory as chairman Frank Poullas faces legal scrutiny

Magnis Energy, once a promising ASX-listed energy company, has sold its flagship American lithium-ion battery factory.

You May Also Like

Greek divers discover Italian World War II submarine wreck

Greek divers have discovered the wreckage of an Italian submarine 80 years after it was during World War Two.

Professor Maria Forsyth: Greek Australian mentoring the next generation of engineers

Maria Forsyth announced as finalist in the 2023 Australian Museum Eureka Prize.

GCM 2025 Greek History and Culture seminars kick off with engaging presentations

The Greek Community of Melbourne’s (GCM) highly anticipated 2025 Greek History and Culture Seminars has commenced with an outstanding start.