Luxury vehicles, race cars and high-end motorcycles confiscated from the instigators of the Plutus Payroll tax scandal will be auctioned online as the government seeks to claw back some of the $105 million lost to the fraud.
The auction of 30 cars, bikes, trucks and go-carts will be the first of several as the Australian Financial Security Authority (AFSA), which manages confiscated proceeds of crime, offloads the Plutus spoils.
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Ronald Mizen is the Financial Review’s political correspondent, reporting from the press gallery at Parliament House, Canberra. Connect with Ronald on Twitter. Email Ronald at ronald.mizen@afr.com