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Student Accused of $5M TRS Fraud | Australia News
Description
A Sydney student is facing serious charges after allegedly ripping off Australia’s Tourist Refund Scheme for over $5 million—using luxury watches, fake trips to China, and cash deposits to siphon GST refunds. Police say he made more than 20 quick overseas jaunts and funneled over $1.1 million into Aussie bank accounts. Authorities warn every stolen dollar hurts everyday Australians, and he’s now in custody, facing up to 10 years if convicted.
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