Greenacre accountant bailed on fraud charge
Gavel and Handcuffs
Sam Peter Cassaniti, 48, faced Sydney Central Local Court todat charged with fraudulent misappropriation of money.
Police allege Cassaniti told his client - the owner of a Sydney food market - in August the business had to pay an Australian Taxation Office (ATO) debt of $282,799.35.
The business owner drew a cheque which police allege Cassaniti deposited into a private account.
Documents before Magistrate Christopher Longley showed Cassaniti was released from jail in July after serving two years and nine months for defrauding the commonwealth.
"Sam Peter Cassaniti was the subject of a joint taskforce involving the ATO, NCA (National Crime Authority), FEDPOL (Federal Police), the NSW Police Force, taskforce PLECO," the court papers said.
"He was convicted on charges of defrauding the commonwealth."
Mr Longley granted Cassaniti bail requiring a $10,000 surety be paid. He must also hand in his passport and not approach any international point of departure.
"Police believe that Cassaniti is committing cheque-related frauds on an ongoing basis," court documents said. "Cassaniti is currently on parole."
The charge against Cassaniti was adjourned until January 22, when he will appear at Sydney's Downing Centre Local Court.