Crocodile Dundee Missing $34 million

By Hum
in The Media Room

 Share

Recommended Posts

Grand Master

Hum

Posted
Posted

The 73-year-old actor has brought a lawsuit in a US court as he attempts to recover $34 million held in a Swiss bank account. Reports on Monday said the Australian star is pursuing his former tax adviser for the cash.

The Sydney Morning Herald reports there is already an international warrant out for financial adviser Philip Egglishaw, the man otherwise known as the ?bowler hat Englishman.?

Hogan?s advisers in the US accuse Egglishaw, who set up complex corporate structures in tax havens to help clients evade tax, of stealing Hogan?s money.

Swiss newspaper Le Matin Dimanche has said account number 379865 at the Corner Bank in Lausanne, also known as ?The Carthage Trust,? contains $34 million of Hogan?s money. Hogan, however, cannot access the cash.

Hogan?s lawyers say Egglishaw has either ?absconded? with Crocodile Dundee?s missing $34m or simply spent it all.

Representing Hogan, US lawyer Schuyler Moore emailed Egglishaw?s lawyer in Geneva, Paul Gully-Hart with the following:

?The actions of Egglishaw have now crossed the boundary of legality, and he is now engaging in criminal fraud, theft, and breach of fiduciary duty, and you are now directly aiding and abetting his criminal actions. The Carthage Trust?s beneficiary [Hogan] is not going to stand idly by in the face of this theft, and he is going to take every step possible in every country possible to hold Egglishaw, Strachans, you, and your firm liable and brought to account.?

For the past year, no bank statements or accounts relating to the millions in the Carthage Trust have been forthcoming from Egglishaw.

Worse still for Hogan, the other signatory to the Carthage Trust account is in jail in Australia. Philip de Figueiredo is serving a two-and-a-half year sentence after being found guilty of conspiring to defraud the Australian government of more than $4 million in tax. De Figueiredo was formerly Egglishaw?s business partner.

source

Link to comment
https://www.neowin.net/forum/topic/1147822-crocodile-dundee-missing-34-million/
Share on other sites
Grand Master

Growled Member

Posted
  • Member
Posted

For the past year, no bank statements or accounts relating to the millions in the Carthage Trust have been forthcoming from Egglishaw.

I don't trust anyone anyway, and I believe I would have been asking questions way before a year's time.

Grand Master

+hedleigh Subscriber²

Posted
  • Subscriber²
Posted

So he hires a guy to help him evade tax...then cries when he can't get "his" money?

lolz.

Was just going to say that maybe if he hadn't tried to hide it, he might still have it or at least a good proportion of it!

This topic is now closed to further replies.
 Share
Go to topic listing

  • Posts

    • Epic Games says Unreal Engine 6 will help developers "build content faster" using AI models

      By Konstantine · Posted

      Lego Batman 2026 hahahaha. You thought I couldn't reply back???
    • Epic Games says Unreal Engine 6 will help developers "build content faster" using AI models

      By +pmrd · Posted

      Which game runs at 20fps with framegen?
    • Epic Games says Unreal Engine 6 will help developers "build content faster" using AI models

      By +pmrd · Posted

      The problem isn't with Epic, it's with the platform holders like Steam and Nintendo, they should be a lot more strict in their review process.
    • Nvidia 610.62 driver lands with big bug fixes and Empulse support

      By goretsky · Posted

      Hello, Installed here without issue. Regards, Aryeh Goretsky
    • Microsoft updates Visual Studio Code with easier language model discovery and in-app search

      By zikalify · Posted

      Microsoft updates Visual Studio Code with easier language model discovery and in-app search by Paul Hill Microsoft has released Visual Studio Code 1.125, its latest weekly release. This week, the company has focused on discovering and installing extra language models via the Marketplace; searching the web and securely browsing over remote connections without leaving VS Code; choosing how long VS Code waits before installing extension updates; and delivering managed Copilot settings through existing device management tooling. In older versions of VS Code, extensions could contribute their own model providers, but to find these extensions, you needed the right tags to search for in the Extension view. Now, the Language Models editor gives you an Install Model Providers button that opens the Extensions view, which is filtered to extensions that contribute model providers, making it easier to find and install them. Once you install a provider, its model will appear in the model picker. If you use the integrated browser much, you can now look up information without leaving VS Code by typing a query into the integrated browser’s address bar. It will use your configured search engine, the same way a standalone browser does. You can use workbench.browser.searchEngine to pick a search engine. When the browser is opened in a remote workspace, it's now possible to proxy HTTP(S) traffic via the remote connection. This allows you to connect to any ports or services that can only be accessed from the remote machine. If you read our coverage from two weeks ago about VS Code 1.123, you might have seen that extension updates have a two-hour delay as a safety measure. In this update, Microsoft is giving you the ability to configure the time of the delay. You can find it under extensions.autoUpdateDelay. Finally, with this update, admins can deliver managed GitHub Copilot settings through native device management (MDM) channels on Windows and macOS, in addition to account-based enterprise settings files. Settings delivered via MDM appear as policy-enforced in VS Code and can’t be overridden locally. Future updates will extend the supported policy keys across Copilot surfaces. You can download the update from the Visual Studio Code website now.

  • Recent Achievements

    • Week One Done
      Classifyskilleducation earned a badge
      Week One Done
    • One Month Later
      eurospharma62 earned a badge
      One Month Later
    • Week One Done
      With What earned a badge
      Week One Done
    • Week One Done
      Harris Gilbert earned a badge
      Week One Done
    • One Month Later
      Vincian earned a badge
      One Month Later

  • Popular Contributors

    1. 1
      +primortal
      543
    2. 2
      +Edouard
      171
    3. 3
      PsYcHoKiLLa
      82
    4. 4
      ATLien_0
      64
    5. 5
      neufuse
      64
    Show More

  • Tell a friend

    Love Neowin? Tell a friend!