Mr Anthony John Trimble, aged 59, was sentenced at the Caboolture Magistrates Court on 4 December 2017, on three counts of removing property prior to bankruptcy, two counts of failing to deliver property in his possession to his trustee, and failing to disclose information about his examinable affairs to his trustee.
Mr Trimble was also found guilty of failing to file his Statement of Affairs in an acceptable form.
On 23 June 2014, Mr Trimble was served a Bankruptcy Notice, relating to an unpaid credit card debt of $24,111. On 2 July 2014, Mr Trimble sold his house and deposited the net proceeds of $189,615.16 into an account in his name.
On three subsequent dates, 10 July 2014, 14 July 2014 and 8 October 2014, Mr Trimble made cash withdrawals totalling $164,000.
On 15 October 2014, Mr Trimble was made bankrupt via Sequestration Order.
The next day, when questioned about the cash withdrawals he had made, Mr Trimble initially told his Trustee that he had gambled the funds. He subsequently stated that the sale proceeds were paid to the mortgagee.
On 20 October 2014, Mr Trimble attempted to file a Statement of Affairs with the Official Receiver, however it was rejected as it lacked critical details.
On 3 February 2015, Mr Trimble received a Section 77CA Notice requiring him to file a Statement of Affairs in an acceptable form within 15 days. To date, Mr Trimble has not complied, nor has he provided a satisfactory account of the significant cash withdrawals he made in 2014.
Mr Trimble was convicted and sentenced to nine months imprisonment, to be released after serving 3 months imprisonment and entering into a recognizance release order of $1000 with the conditions that he be of good behaviour for two years and file a Statement of Affairs on or before 4 April 2018.
Mr Trimble was ordered to pay costs of $89.80.
The matter was prosecuted by the Office of the Commonwealth Director of Public Prosecutions on behalf of the Australian Financial Security Authority.