The judge found the 36-year-old son of former ATO deputy commissioner Michael Cranston was “at the top” of the scheme and involved from the outset.
Payne found Cranston was “principally motivated by financial reward” and one of the primary financial beneficiaries.
He said the “real controllers” of second-tier companies, which he described as the “engines” of the conspiracies and the “epicentre” of the tax fraud, were Cranston and fellow fraudster Jason Onley, a former professional snowboarder who is to be sentenced on Tuesday afternoon. The Crown alleged Cranston put funds from the fraud towards the purchase of Mercedes C63 and Porsche Cayenne Turbo S cars, a “Kimberley Karavan”, Scania truck, Toyota LandCruiser, and a $240,000 deposit and loan repayments for a Cirrus SR22 single-engine plane.Additionally, the Crown said Cranston put $1.5 million towards a house at Miranda, spent $1.2 million on a 58-hectare estate and associated renovations in Vacy, and $826,000 on a site with water views at Burraneer.
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