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ATO freezes former Young Rich Lister’s muscle cars, mansion

Max Mason
Max MasonSenior courts and crime reporter
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The Australian Tax Office has frozen the Melbourne mansion and collection of muscle cars belonging to a flamboyant accountant and former Young Rich Lister who allegedly owes more than $3 million in unpaid debts.

Steve Di Petta, an accountant from rural Victoria, appeared on the then-BRW Young Rich List in 2004 after debuting with an $11 million fortune, largely earned through an enviable commercial and residential property portfolio in Melbourne and his hometown Shepparton.

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Max Mason covers financial crime, courts and corporate wrongdoing. A Walkley Award winner, Max’s journalism has also received awards from the National Press Club of Australia, the Kennedy Awards and Citibank. Message Max on Signal https://tinyurl.com/MaxMason Connect with Max on Twitter. Email Max at max.mason@afr.com
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    Original URL: https://www.afr.com/companies/professional-services/ato-freezes-former-young-rich-lister-s-mansion-muscle-cars-20240520-p5jez0