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Nation's biggest tax fraudster who stole $17 million jailed for 8 years and 6 months


John Bracken told the court he had always done what his accountants and his bank had asked.
Crown lawyer Megan Mitchell said the crime called for a high sentence as it was the largest crime of its kind.
She said the fraud was “repetitive and involved a high degree of planning and premeditation” and Bracken only stopped offending when he became aware it had been detected.
She said about $12m of property had been restrained and efforts to recover this were underway but were being “vigorously opposed” by Bracken.
Some funds had been recovered but there remained $1.1million outstanding that would never be recovered, she said. ....

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