They allege the arrest of the Greek-born property developer and company director has dismantled a multi-million-dollar tax evasion and money laundering scheme.
…Mr Issakidis, 67, was today charged with conspiring to deal in proceeds of crime worth $63 million and defrauding the Australian Tax Office of tens of millions of dollars. The proceeds of crime charge relates to the tax fraud.
Prestigious vehicles grabbed from Mr Issakidis and an associate during today’s joint AFP and ATO raids in Queensland and New South Wales included four Rolls-Royces, a Lamborghini Spyder, an Aston Martin, a BMW and a Mercedes.
Also seized were a waterfront mansion on the Gold Coast, a luxury Sydney property in Northbridge and two yachts.
Detailed news link: here