SMH ·general ·3 hours ago

Pitt Street lawyer accused of $25 million fraud

Elic Tang, a 32-year-old partner at Sydney law firm Rosemont Partners, was charged with facilitating $25 million in fraud for a criminal syndicate on Tuesday. Detectives allege he laundered funds for the group linked to the Penthouse Syndicate, which has defrauded banks of over $250 million. This marks a significant development in the ongoing Strike Force Myddleton investigation.

Summary by Glance · SMH

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