Man fails to appear for sentencing in tax fraud case

A GOLD COAST businessman convicted of a multimillion-dollar tax fraud and his wife have been rushed to hospital after he failed to front court.

Michael John Issakidis, 73, was found guilty this year of an elaborate $68 million tax evasion racket and was due to attend his sentencing hearing in Sydney.

When he failed to appear in court, police visited his Sovereign Islands mansion and had to call in a locksmith to access the heavily-secured home. They are believed to have found Issakidis and his wife Donrecka unconscious in a vehicle in the garage.

Michael Issakidis was due to appear for sentencing.

Paramedics were called to the home about 5.15pm and rushed the Issakidis’ to Gold Coast University Hospital. Detectives have been called in to investigate, with the home declared a crime scene.

Mr and Mrs Issakidis were believed to be conscious but in a serious condition.

http://www.dailytelegraph.com.au/news/nsw/tax-fraudster-fails-to-appear-for-sentencing-in-68m-evasion-case/news-story/4acca95b8230837cd0f385633716a0b1?nk=12529b7bf354b574c0e3436c6a5774bc-1509848251