Australian 'tax schemer' arrested in Hua Hin

[buksida]

An Australian described as a "tax schemer" wanted on charges of tax avoidance and money laundering has been arrested at his home in Hua Hin at the request of the Australian authorities.

Gregory John Dunn, 53, is wanted on warrant charges that he and four other people operated a stock trading company in Australia that failed to pay tax totalling about A$20 million, police said.

Mr Dunn, from Perth in Western Australian, is one of a group of promoters whose tax schemes helped spark the A$430 million Wickenby investigation into the tax affairs of Australia’s rich and famous.

After years of delay, Australian authorities have sought his extradition to face trial.

Mr Dunn told arresting police that he has been living in Thailand for 12 years, and is fluent in the Thai language. He said he was not aware of the warrant for his arrest.

Before moving to Thailand, he had operated a stock trading company, and later moved to Thailand and opened a company selling granite in Hua Hin, he said.

Source: Bangkok Post

[Bristolian]

It’s strange that the Bangkok Post use the term "Tax avoidance" but probably just a mistake in their reporting. A lot of people confuse tax avoidance and tax evasion which can be a very serious mistake with potentially dire consequences.

“The difference between tax avoidance and tax evasion is the thickness of a prison wall”. Denis Healey - former British Chancellor of the Exchequer

The two terms – and the actions each entails – are definitely not the same thing.
• Tax avoidance involves using whatever legal means you choose to reduce your current or future tax liabilities.
• Tax evasion means doing illegal things to avoid paying taxes. i.e. Mr. Capone

However I don’t think that there is any dispute over the definition of money laundering.

[Dannie Boy]

It’s strange that the Bangkok Post use the term "Tax avoidance" but probably just a mistake in their reporting. A lot of people confuse tax avoidance and tax evasion which can be a very serious mistake with potentially dire consequences.

“The difference between tax avoidance and tax evasion is the thickness of a prison wall”. Denis Healey - former British Chancellor of the Exchequer

The two terms – and the actions each entails – are definitely not the same thing.
• Tax avoidance involves using whatever legal means you choose to reduce your current or future tax liabilities.
• Tax evasion means doing illegal things to avoid paying taxes. i.e. Mr. Capone

However I don’t think that there is any dispute over the definition of money laundering.

No that's easy and something most of us have done at some time..........you leave a banknote in your pocket and your wife/gf washes it

[Bristolian]

No that's easy and something most of us have done at some time..........you leave a banknote in your pocket and your wife/gf washes it

I agree except I do it most of the time. Unfortunately Mrs B always refuses to return the immaculately washed and ironed notes to the rightful owner. She has the cleanest cash in Hua Hin.

[Vital Spark]

Why has it taken 12 years for them to find him? I also find it quite amazing that he didn't know that there was a warrant out for his arrest. Or did he...?

VS

[STEVE G]

Here is quite a long article about him from March of this year:

Meet Greg Dunn: tax schemer in exile
http://afr.com/p/national/meet_greg_dun ... Jo3HuV8dfI

[johnnyk]

Why has it taken 12 years for them to find him? I also find it quite amazing that he didn't know that there was a warrant out for his arrest. Or did he...?

VS

One would think with Thailand's history as a destination for cons, fraudsters, pedos et al that it would be one of the first countries they would look. Makes you wonder...