Reply to post: Re: Could someone please enlighten me, and perhaps others

Plutus Payroll clients and staff fell for plausible business model fairy tales

sal II

Re: Could someone please enlighten me, and perhaps others

> Could someone please enlighten me, and perhaps others

Not intimately familiar with the story so this is just a speculation, but it looks like the sham was going all along for years and the recent activity around the Synep takeover drew enough attention from the ATO to unravel the whole thing.

The fact is that the scheme never actually crumbled as much ATO caught wind of it and froze their assets.

POST COMMENT House rules

Not a member of The Register? Create a new account here.

  • Enter your comment

  • Add an icon

Anonymous cowards cannot choose their icon

SUBSCRIBE TO OUR WEEKLY TECH NEWSLETTER

Biting the hand that feeds IT © 1998–2021