Music industry accountant accused of stealing $1m from bands

  • 📰 theage
  • ⏱ Reading Time:
  • 39 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 19%
  • Publisher: 77%

Business News News

Business Business Latest News,Business Business Headlines

A music industry accountant who gave evidence for the prosecution at the recent embezzlement trial of Guy Sebastian’s former manager has been accused of siphoning off more than $1 million from several prominent Australian bands.

While a few other musicians may have been affected by the alleged fraud, major acts represented by White Sky Music, including Tame Impala, Vance Joy, Amy Shark, John Butler, Angus and Julia Stone and Guy Sebastian, were not among those the company claim have been impacted.but released a statement confirming the matter had been referred to police.

On Wednesday afternoon, the company also emailed its clients advising them of the alleged embezzlement.A Victoria Police spokeswoman confirmed it had received a report involving allegations of fraud. According to a profile on the company website that was removed on Wednesday afternoon, Luscombe joined the business in 2010 and had “hands-on experience with every element of the services we offer and become an expert in most”.

In June, Luscombe gave key evidence at the trial of Guy Sebastian’s former manager Titus Day, who was found guilty by a jury and convicted of 34 charges, including the embezzlement of more than $620,000 from the formerLuscombe told the NSW District Court that Sebastian had hired White Sky Music to manage his financial affairs in 2015.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 8. in BUSİNESS

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Music industry accountant accused of stealing $1m from bandsDamien Luscombe, who gave evidence at the recent trial of Guy Sebastian’s former manager, has been accused by the company of siphoning money from prominent musicians including Peking Duk.
Source: smh - 🏆 6. / 80 Read more »

Music industry accountant accused of stealing $1m from bandsDamien Luscombe, who gave evidence at the recent trial of Guy Sebastian’s former manager, has been accused by the company of siphoning money from prominent musicians including Peking Duk.
Source: smh - 🏆 6. / 80 Read more »