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Internet company director charged with fraud

Adam Zuchetti
Adam Zuchetti
21 May 2018 1 minute readShare
Fraud

The director of a now defunct internet company has been charged with two counts of fraud dating as far back as 2011, accused of dishonestly obtaining close to $1 million from the business.

According to ASIC, Queensland man Jonathan William Parker created false invoices between September 2011 and April 2012 in a bid to cover his tracks for dishonestly withdrawing $809,208.30 from Freenet Pty Ltd.

In a separate allegation, Mr Parker is accused of dishonestly using a further $140,000 that belonged to one of the business’ investors.

The investigation arose after Freenet was put into liquidation in December 2014.

Its liquidator, Vincents Chartered Accountants, assisted ASIC with its inquiries that led to the charges being laid.

Mr Parker appeared in the Beenleigh Magistrates Court on 4 May 2018, but did not enter a plea to the charges. He was granted bail and will reappear before the court on 6 July this year.

Internet company director charged with fraud
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Adam Zuchetti
Adam Zuchetti

Adam Zuchetti is the former editor of MyBusiness and a senior freelance media professional, specialising in the fields of business, personal finance and property. In 2020, he also embarked on his own business journey – inspired in part by the entrepreneurs and founders he had met through his journalistic work – with the launch of customised pet gifting and subscription service Paws N’ All.

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