Members of alleged tax fraud syndicate released on bail

SYDNEY, AUSTRALIA – MAY 18: Adam Cranston leaves Sydney Police centre after being released on bail over a tax fraud on May 18, 2017 in Sydney, Australia. (Photo by Daniel Munoz/Fairfax Media) Photo: Daniel MunozAfter watching police seize the vintage race car from his eastern suburbs apartment, Adam Cranston opted for a less-luxurious mode of transport to take him home after posting $300,000 bail.


Clutching his belongings in an Australian Federal Police-marked plastic bag, Mr Cranston loitered in the foyer of the Sydney Police Centre on Thursday afternoon as a wall of cameras waited outside. Unlike his co-accused, the 30-year-old embarked on the long walk towards the media throng solo, before jumping into a waiting Mitsubishi Magna.

He stayed silent as reporters threw questions at him about his alleged involvement in a $165 million fraud racket and his Australian Taxation Office deputy commissioner father.

It’s alleged Michael Cranston accessed restricted information on an ATO audit for his son, but police do not believe he knew about his son’s alleged fraud syndicate.

Adam Cranston was the fourth of his co-accused to walk out on bail on Thursday after an AFP sting targeting white collar crime a day earlier.

Dressed in a black sweat shirt and cargo shorts, Chris Gullian emerged from the police complex on Thursday afternoon with his father.

Initially responding “no comment”, he was asked what he did with the alleged proceeds of his role in the scheme.

“What money are you referring to guys?” he scoffed. “I’m from Sutherland.” He then cheekily suggested the cameramen following him best return to the front of the police station, as the “other guy” was coming out.

Mr Gullian is charged with dealing with property suspected of being the proceeds of crime and was released on $100,000 bail.

Daniel Rostankovski made a fumbled attempt to cover his face before his lawyer, who picked him up from the police station, advised him otherwise.

The 28-year-old, accused of recruiting straw directors in the alleged fraud scheme, opted for a walk up to Oxford Street in his white track pants rather than hailing a taxi outside the station.

Wahroonga tax lawyer and accountant Dev Menon, who police allege gave advice to syndicate members about how the scheme should be managed, was greeted by his mother and father as he walked out of Newtown police station.

Hours earlier the 33-year-old sighed relief as a magistrate granted him bail after his father, a solicitor and engineer, offered a $100,000 surety.

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