fraud

Gentile was convicted in August last year of securities and wire fraud charges, and sentenced in May.

When the debt couldn’t be repaid on time, it emerged that the money from the bonds was part of an epic fraud centered on cash bribes and secret fees.

“Placing assets in a properly structured trust can protect them from fraud and undue influence. In cases of diminished capacity, legal guardianship may be necessary to prevent financial abuse.”

Greek farmers have sustained major losses from an infestation of sheep pox, and an EU investigation into widespread subsidy fraud that has delayed payments to legitimate claimants.

A New South Wales Police spokesperson told the BBC that they were not currently looking for any other person in relation to the alleged fraud.