Syndicate ATO court case

[lebron]

I read it that HE earnt 36 mil in profits, but the billions in turnover is the total group spend. So HE made 20 mil in profits and thats about 20% of the group. From my reading the groups profit is about 170 mil making it over 12% return. That is great!

[wooly]

The Australian Financial Review published a 5 Part Article on this, it's a long but interesting read;

Part 1 - http://www.afr.com/p/national/how_alan_ ... usBw06fcJJ
Part 2 - http://www.afr.com/p/national/the_gambl ... jmpyYXNu9J
Part 3 - http://www.afr.com/p/national/no_humbli ... FfUmE87CeO
Part 4 - http://www.afr.com/p/national/how_ex_wi ... yMZHjBzVSP
Part 5 - http://www.afr.com/p/national/money_mag ... PzefN3zg7O