Authorities have frozen about $70m worth of assets as they begin to claw back the proceeds of an alleged $130m tax-evasion racket, a New South Wales court has heard. The scandal was blown open last month, culminating in the arrest of nine people, including the son and daughter of former Australian Taxation Office deputy commissioner Michael Cranston. A directions hearing in the NSW supreme court on Wednesday heard the scale of the alleged fraud had been revised to $144m.
— source theguardian.com