The daughter of a former Tax Office deputy commissioner has been jailed for a maximum of eight years for her role in a $105 million tax fraud conspiracy.
, former professional snowboarder Jason Onley and solicitor Dev Menon were also found guilty of the same two charges and await sentencing. The charges carry maximum penalties of 10 and 25 years’ imprisonment and/or substantial fines.
The fraud scheme skimmed PAYG withholding tax and GST from money received from clients of payroll business Plutus Payroll. Second-tier companies holding the debt were phoenixed: the process of being liquidated, left with the debt and replaced with new companies.Janie Barrett Payne said Lauren Cranston had a simple but central role in facilitating the conspiracies and actively took steps to conceal them, including by destroying records.He said she processed payroll, attended meetings about the scheme, maintained spreadsheets on how much tax ought to be paid, made payments for her brother for luxury cars, and she knew the vulnerable straw directors of the second-tier companies – whom she described as “maniacs” and “crazy” – were used to conceal the non-payment of tax.
The Cranstons are the children of former ATO deputy commissioner Michael Cranston, who is not accused of any wrongdoing.
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