Auscast Network Extra

Federal Police Auction: $100 Million Tax Scheme Assets


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A recent Australian Federal Police auction featured items seized from individuals involved in a $100 million tax scheme. The auction included a wide array of luxury goods such as homes, cars, planes, motorcycles, watches, and designer clothing. These items, once owned by criminals, are now authenticated and sold at significantly reduced prices. One notable example is a Cartier Love bracelet, valued at $133,000, expected to be sold for only $4,000. The online auction, promoted by 7NEWS Australia, offers a unique opportunity to acquire designer brands at a fraction of their retail cost.

 

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