Richard Pusey off loads luxury properties as legal bills mount
The Porsche driver accused of filming a dying policewoman has taken a sledgehammer to his luxury property empire as he faces massive legal bills.
Victoria
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The Porsche driver accused of filming a dying police officer following the Eastern Freeway tragedy is cashing in his multimillion-dollar property empire.
Richard Pusey, 42, who was freed on bail in October, is selling 10 of his luxury properties in Melbourne and Geelong for an estimated $6.6m.
The dramatic fire sale comes weeks after he sold his four-bedroom townhouse in Doncaster East for $1.05m.
Pusey is facing massive legal bills, with top barrister Dermot Dann QC and two solicitors defending him in court.
Crown prosecutor Nicholas Papas told the Herald Sun legal fees on such a case could be between $8000 and $16,000 a day.
Pusey has a residential and commercial property portfolio of more than $12m.
The mortgage broker recently listed two five-bedroom townhouses in Koonung Court, Doncaster for a combined total of between $2.9m and $3.1m. He also has price hopes of $1,045,000 for his second four-bedroom townhouse on Champion Street, Doncaster East.
He sold one of his Champion Street townhouses on November 9 and plans to auction off his second on December 12.
Pusey also listed a three-bedroom townhouse on Whitehorse Rd, Mitcham for between $650,000 and $715,000, and six apartments in Geelong South.
The apartments on Fyans Street are listed for a combined sum of up to $1.8m, and had generated a rental income of about $84,760 a year for Pusey.
Pusey formerly ran Switch Now Home Loans and made many enemies through ugly dealings with construction and council figures.
In one of his worst exchanges, he yelled “I hope you f. king die” to the cancer-stricken wife of a tradesman in a dispute over money. Pusey was last month ordered to stand trial in the Country Court over the Eastern Freeway crash on charges including reckless conduct endangering serious injury, reckless conduct endangering death and possessing a drug of dependence.
A magistrate withdrew other charges including failing to render assistance after an accident, destruction of evidence and two counts of perverting the course of justice, after ruling there was insufficient evidence to support them.
Leading Senior Constable Lynette Taylor, Senior Constable Kevin King, Constable Josh Prestney and Constable Glen Humphris died in the Eastern Freeway tragedy on April 22.
The officers had intercepted Pusey for allegedly speeding on the freeway when they were mowed down in the emergency lane by truck driver Mohinder Singh.
Singh is facing multiple charges including four counts of dangerous driving causing death and driving under the influence.
Pusey’s case returns to court on December 15.