No jail term but a $10,000 fine for Arnie's tax-dodging minder

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Former security company boss with links to Hollywood action man Arnold Schwarzenegger has been fined for his part in a tax fraud scheme.

A former security company boss with links to Hollywood action man Arnold Schwarzenegger has been fined $10,000 for his part in a tax fraud scheme.

Several security workers thought they were employed by ACG Security when they were in fact employed by the two subcontractors, who have been Korras’ co-accused.ACG Security was purchased by Spotless in 2014, with Korras now working as a motivational speaker, consultant and event manager for touring celebrities.

‘‘General deterrence and denunciation are prime considerations in sentencing you for this offence,’’ he said.‘‘Your crime is not victimless, because the burden of fraud perpetrated on the Commonwealth government falls on the entire Australian community.’’

 

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