Supercars being sold for a snip after cops busted Australia's biggest ever tax rort Array of supercars to be auctioned online Cas seized from Plutus Payroll fraudsters READ MORE: High-flying daughter of a tax office boss is jailed By Zak Wheeler For Daily Mail Australia Published: 22:43 EDT, 26 September 2024 | Updated: 22:43 EDT, 26 September 2024 e-mail 1 View comments A fleet of luxury supercars previously owned by tax fraudsters will go to auction in a bid to recover some of the mammoth $105million lost to the conspiracy. Thirty race cars, motorcycles and luxury vehicles seized from instigators of the infamous Plutus Payroll tax evasion scandal are being auctioned online by the Australian Financial Security Authority (AFSA). Included in the convoy of supercars is a Porsche Cayenne GTS, which retails for $300,000, a Porsche 911 GT3, two Wolf GB08 Tornado racing cars, and a replica Ford GT40 coupe.
There will also be f our go-karts, two Ducati motorcycles and a Glastron GT180 power boat available to the highest bidder. Adam Cranston, the son of former Australian Tax Office deputy commissioner Michael Cranston, spent his criminal earnings on a Cirrus SR22 single-engine aircraft and a truck to transport his GT40. He was last year sentenced to a maximum of 15 years behind bars with his sister, Lauren Cranston, handed eight years for her lesser role in the scam.
Plutus Payroll collected money from legitimate clients and funnelled it through a web of second-tier companies instea.
