top | item 45500816

(no title)

dhotson | 4 months ago

Good to know.. if you defraud the Australian government and misuse tax payers money... the consequences are: partial refund.

discuss

order

nullc|4 months ago

That's how it went for Craig Wright, famous Satoshi imposter-- prior to his bitcoin infamy he stole millions via fraudulent GST refunds and fraudulent refundable R&D tax credits then got caught attempting tens of millions more. He fled Australia, repaid part of the fraud and has generally been living it up elsewhere in the world with no further consequences from his tax fraud.

an0malous|4 months ago

If you’re going to commit crimes, be ambitious. Theft, murder, and lying all have lesser punishments the bigger you go with them because you get grouped with the investor class that does these things all the time and has immunity from severe consequences

bearjaws|4 months ago

To be fair this is pretty much how it has to work.

Imagine one rogue employee out of 10 commits fraud, do you get all your money back? No you get the billable hours + damages for the fraud.

If it worked the other way contracts would be longer than the actual work to be performed.