money - tax
ATO deputy commissioner warned son before police swooped, phone taps reveal
May 21, 2017 12:05pm
Adam Cranston leaves Sydney Police Centre in Surry Hills after being released on bail related to an investigation into ATO fraud. Picture: Dylan Robinson
Staff writer and AAP, news.com.au
WITH police closing in, the ATO deputy commissioner Michael Cranston told his son Adam they “have to think of a strategy”.
In the weeks before it all came crashing down and Adam was arrested for his part in an alleged $165 million tax fraud scheme, investigators recorded a number of phone conversations in which Mr Cranston warned his 30-year-old son that investigators could soon come knocking.
According to a report in The Sunday Telegraph, police taped Mr Cranston in three phone calls on April 28 and May 2 and heard him telling his son “you could be the subject of search warrants”.
The senior tax investigator warned his son that ATO investigators were good at their jobs, saying “you think you get away with this stuff but you don’t ... just make sure you haven’t got anything anywhere”.
On Wednesday, Adam Cranston was charged by police who claim he masterminded an alleged tax scam which deprived the Commonwealth of millions of dollars by skimming payroll tax to fund a lavish lifestyle of luxury cars, properties, planes, jewellery and expensive wine.
The AFP has said it does not believe Michael Cranston knew about his son’s alleged activities beyond the warnings he issued over the phone.
Adam Cranston leaves the Sydney Police Centre in Surry Hills, Sydney. Picture: Paul Miller Source:AAP
READ MORE: http://www.news.com.au/finance/money/tax/ato-deputy-commissioner-warned-son-before-police-swooped-phone-taps-reveal/news-story/86cbac58697c2b44fc297f6db2e42a00
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