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In this episode of Tax Lore, Harrison uncovers the underbelly of the Plutus Payroll case, a blatant tax fraud scheme with criminal convictions and $105m lost to the Commonwealth. The main playersare Adam and Lauren Cranston, the children of disgraced ex-Deputy Commissioner of Taxation Michael Cranston, Simon Anquetil, a serial entrepreneur with a taste for phoenixing, Dev Menon, the tax lawyer who held it all together, and the late Peter Larcombe, called "a thug in a suit". Together, they executed on a blunt but also elaborate plan to defraud the ATO by creating a network of fake companies for payroll management, and siphoning off money due to the ATO. Tune in to learn more about this audacious tax fraud that captivated the nation.
In this episode of Tax Lore, Harrison uncovers the underbelly of the Plutus Payroll case, a blatant tax fraud scheme with criminal convictions and $105m lost to the Commonwealth. The main playersare Adam and Lauren Cranston, the children of disgraced ex-Deputy Commissioner of Taxation Michael Cranston, Simon Anquetil, a serial entrepreneur with a taste for phoenixing, Dev Menon, the tax lawyer who held it all together, and the late Peter Larcombe, called "a thug in a suit". Together, they executed on a blunt but also elaborate plan to defraud the ATO by creating a network of fake companies for payroll management, and siphoning off money due to the ATO. Tune in to learn more about this audacious tax fraud that captivated the nation.