Commonwealth Director of Public Prosecutions

Serious Financial Crime Taskforce

Serious Financial Crime Taskforce

The Serious Financial Crime Taskforce was set up on 1 July 2015 and builds on the success of Project Wickenby. 

While Project Wickenby focused on tackling offshore tax evasion and crime, the Taskforce has a broader remit to target the most serious financial crimes, including international tax evasion and criminality related to fraudulent phoenix activity, trusts and superannuation.

The Taskforce brings together the knowledge, resources and experiences of federal law enforcement and regulatory agencies to identify and address serious and complex financial crimes. It has resulted in $836 million in tax liabilities raised and $306 million in outstanding revenue recouped.

Results

The Taskforce is progressing 25 criminal, civil and intelligence matters. The following is a snapshot of results to 30 June 2019*:

284
search warrants executed

1,145
audits completed

5
people convicted

 

 

$836 million
in tax liabilities raised

$306 million

collected
 

 

*results are updated quarterly

Partner agencies

Part of the Fraud and Anti-Corruption Centre, the Taskforce is led by the Australian Federal Police and includes the:

  • Australian Federal Police
  • Australian Taxation Office
  • Australian Criminal Intelligence Commission
  • Attorney-General's Department
  • Australian Transaction Reports and Analysis Centre
  • Australian Securities and Investments Commission
  • Commonwealth Director of Public Prosecution
  • Australian Border Force.

Further information is available from the Australian Federal Police.

Significant Cases

Xiao v R [2018] NSWCCA 4

  • DPP (Cth) v Pratten )No 2) [2017] NSWCCA 42
  • Conklin v R [2017] NSWCCA 275
  • Dickson v R [2017] NSWCCA 78
  • R v Issakidis [2018] NSWSC 378

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View the Serious Financial Crime Taskforce Fact Sheet.

View the results of action against tax crime from the Australian Taxation Office.