Accused tax fraudster spent A$100,000 on strippers and escorts in four months

Simon Anquetil was grilled in court about his use of a "dummy" director to avoid personal liability for the thousands of ...
SYDNEY MORNING HERALD

Simon Anquetil was grilled in court about his use of a "dummy" director to avoid personal liability for the thousands of dollars per week he spent on strippers.

Simon Anquetil, one of the alleged conspirators in the A$165 million (NZ$177 million) fraud on the Australian Taxation Office, racked up A$100,000 on his corporate American Express card on strippers and escorts in a four-month period.

Prior to his alleged involvement in the current payroll fraud, Anquetil was the managing director of an IT company which went into liquidation.

He was grilled in the Australian Federal Court about his use of a "dummy" director to avoid personal liability for the thousands of dollars per week he spent on strippers.

On one occasion, Anquetil spent A$12,000 in one day at a Melbourne escort agency.

On one occasion, Anquetil spent A$12,000 in one day at a Melbourne escort agency.

In July 2013, Michael Hayter from law firm Gillis Delaney quizzed Anquetil about the A$100,000 he clocked up on his corporate American Express card before his IT company eStrategy Group went belly-up.

READ MORE: Veteran journalist allegedly blackmailed fraud syndicate

 
ATO deputy commissioner Michael Cranston will also face charges over the alleged tax fraud that has shocked the nation.
ROB HOMER/SUPPLIED

ATO deputy commissioner Michael Cranston will also face charges over the alleged tax fraud that has shocked the nation.

The court heard that Anquetil spent A$63,000 at the Bada Bing strip club in Sydney's Kings Cross in a four-month period during 2011.

On one occasion he spent A$12,000 in one day at an escort agency called First Ladies of Collins Street, which is in Melbourne's CBD.

"You seriously think that it's appropriate that you would claim as a company expense $12,000 for one day taking a client to strippers?" Hayter asked. 

"I  wasn't getting anything out of it," replied Anquetil, who claimed that he thought it was pole-dancing rather than prostitution involved.

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"Pretty good pole-dancing for $12,000," Hayter said. 

Anquetil claimed the credit card bills at places such as Twin Peeks, Men's Gallery and Pure Platinum were entertainment for clients. When pushed to identify the clients, he named a Melbourne property developer, a pharmaceutical boss and a Macquarie banker.

When Anquetil's company went into liquidation in September 2012, owing American Express A$100,000, the court heard that Anquetil had already sent up a new company, called eStrategy Operations (as opposed to Group). The new company used the same office, the same equipment and the same clients.

Anquetil was examined about what he had told his "boss" about his spending.

His boss, the company's sole director, was listed as Jamaica Gibson, who was described as a 22-year-old woman with two young children and no business experience.

He denied that she was a stripper but agreed it was his handwriting that had recorded Gibson being of "no fixed address" on eStrategy's report to creditors.

Hayter asked if he had reported back to his "boss" that the thousands of dollars spent weekly was because he took clients "to pole dancing and women take their clothes off and that's how I get work out of them".

On Friday, Anquetil was released on bail after being charged with conspiring to cause loss. 

Central Local Court heard he "returned voluntarily from overseas" on Thursday and was "apprehended" by the Australian Federal Police at Sydney airport.

Police allege he was one of seven co-conspirators in an A$165 million tax fraud syndicate involving Plutus Payroll, a company he formerly chaired.

The 34-year-old appeared via audiovisual link dressed in a patterned short-sleeved shirt and agreed to strict bail conditions, including using only one mobile phone and not associating with his co-accused, who include the son and daughter of Australia's deputy tax commissioner, Michael Cranston.

 - Sydney Morning Herald

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