What did Benjamin Carter Accountant do? charged over alleged $26m fraud

In recent news, it was reported that a Sydney accountant has allegedly defrauded $26m to fraud lifestyle and gambling. You are required to read the article for more details and information about the case. Follow us around for all the insights and fresh updates at the PKB News.

Benjamin Carter Accountant

What did Benjamin Carter’s Accountant do?

In the latest news, it was reported that a Sydney accountant and former financial advisor of a beer brand commenced by NRL star, Nathan Cleary is accused of using $26m and defrauding clients to fund a lavish lifestyle and a heavy gambling habit. As per the reports, the NSW police force began investigating the fraudulent misconduct by registering accounting firm Carters Tax Advisory in June which took place alongside the Tax Practitioners Board. Benjamin Carter, 36 was allegedly arrested on Tuesday morning at a home in Silverdale, about 30 minutes from the city of Camden followed by the investigation. Scroll down to the next section for more details.

Benjamin Carter Accountant

However, the footage showed that there were seven heavy clads present over there. Moreover, Taskforce Raptor police got attached to the organized crime squad, breaking down his door. In the video clip, they were seen walking slowly into the house before opening the blinds to the patio area and leading Mr. Carter to the front door and into the back of a police van. Amy Steele stated that six police separately walked into Carters Tax Advisory in Penrith and escorted out a 25-year-old woman, who understood to be his pregnant partner. The police seized electronic devices, hard drives, and documents by using search warrants at the two properties. Moreover, they also located a small amount of a substance which believed to be cocaine.

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Benjamin Carter Accountant

Later, Mr. Carter and Ms. Steele were taken to St. Marys’s police station where he was charged with 16 offenses which included 14 counts of dishonesty by obtaining financial advantage by deception. Knowingly, Ms. Steele was charged for recklessly dealing with more than $5000 in the proceeds of crime and was granted conditional bail. Reportedly, the police will allege Mr. Carter defrauded at least eight accounting clients to the value of $26m, while Ms. Steele tried to cover up his alleged fraud. On Wednesday, Mr. Carter appeared at Penrith Local Court where he was denied bail. Furthermore, the police allege that Mr. Carter was the chief financial officer of Drink West which is a beer company.

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Shreya Gupta

Contract Specialist with 3 years of experience in end-to-end Contract Lifecycle Management for clients with global and domestic operations.

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