Mr Ian Romi, also known as Naim Rahimi, was sentenced on 22 November 2017 at the Brisbane Magistrates Court after pleading guilty to the disposal of funds prior to bankruptcy and making a false declaration in his Statement of Affairs.
In July 2014, Mr Romi received $30,000 as a result of a property settlement. Within two weeks he had withdrawn $24,000 in cash from his account, using $10,000 for a holiday and gambling the balance at a casino. This money should have been used to pay his creditors.
On 28 July 2014, Mr Romi filed for voluntary bankruptcy with debts in excess of $113,000.
He failed to disclose in his Statement of Affairs that he had sold a house in 2013, that he had made a profit in relation to the sale of another house and that he had transferred ownership of motor vehicles prior to bankruptcy.
In an interview with AFSA investigators, Mr Romi admitted he received the $30,000 prior to bankruptcy and just ‘blew it.’
Magistrate Quinn convicted Mr Romi and placed him on a good behaviour bond for two years. In sentencing, the Magistrate considered Mr Romi’s early plea which indicated his remorse, his cooperation and the fact that he had no previous convictions.
The matter was prosecuted by the Office of the Commonwealth Director of Public Prosecutions on behalf of the Australian Financial Security Authority.