‘Man of straw’: Business leader faces multimillion-dollar fraud charges

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Nederland Nieuws Nieuws

Nederland Laatste Nieuws,Nederland Headlines

Linden Toll was a feted figure around Bowral until his company collapsed owing $50 million. Now he faces allegations of defrauding a creditor of almost $2 million.

Linden Toll was celebrated among the nation’s top 50 small business leaders and a well-known figure in the Southern Highlands town of Bowral.from the town’s Imperial Hotel.Toll was lauded as a “strong advocate for the welfare of Australia’s small-business community” by Inside Small Business’ Top 50 small business leaders in 2022.

“Our investigations … would suggest that the former director, for want of a better term, is a man of straw and holds no real property assets per se,” liquidator Darren Vardy told the meeting, according toToll, 55, in handcuffs at Kingsford Smith Airport on Thursday. He was charged with three counts of publishing false material to obtain advantage, three counts of publishing misleading statements to deceive, dishonestly obtaining a financial advantage by deception, and knowingly dealing with proceeds of crime.

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Nederland Laatste Nieuws, Nederland Headlines