New date set for forklift dealer fraud case

News Story
- 9 Oct 2014 ( #688 ) - Brisbane, Queensland, Australia
1 min read
A fraud case against Graeme Anthony Dillon, former director of collapsed forklift company Independent Forklift Services (IFS), is scheduled for mention on 24 October.
A fraud case against Graeme Anthony Dillon, former director of collapsed forklift company Independent Forklift Services (IFS), is scheduled for mention on 24 October.
A fraud case against Graeme Anthony Dillon, former director of collapsed forklift company Independent Forklift Services (IFS), is scheduled for mention on 24 October.
A trial date was adjourned on 18 August.

Dillon has been charged with 11 counts of fraud, following an investigation by the financial services regulator, the Australian Securities and Investments Commission (ASIC), into several transactions by IFS (Qld) Pty Ltd and its north Queensland subsidiary, both now in liquidation (Forkliftaction.com News # 594).

ASIC alleges that, from November 2006 to May 2007, Dillon dishonestly induced Capital Finance Australia Pty Ltd to provide finance to the companies by lodging false invoices for forklift purchases.

Criminal charges were laid under section 408C (1) of the Queensland Criminal Code and carry a maximum penalty of five years' jail. The charge against Independent Forklift Services (Qld) Pty Ltd relates to a sum greater than $30,000, so the potential penalty is increased to a maximum of 10 years' jail.
US equipment finance industry confidence at three-year high
US equipment finance industry confidence at three-year high 28 Nov 2024 - Washington, DC, United States - 1 min read
LiuGong adds PEAC financing
LiuGong adds PEAC financing 22 Aug 2024 - Mount Laurel, NJ, United States - 1 min read
Previously about:
IFS under voluntary administration News Story - 27 Sep 2007 - BRISBANE, Australia - 1 min read
Do you have materials handling news? Submit your news here

PREMIUM business

RAEDER-VOGEL
Innovative high-quality wheels and castors for the forklift industry.

Even the heaviest lifts must be easy to handle. That’s why N.C. Nielsen raises the bar in lifting capacity, maneuverability, operator comfort, flexibility and technical capabilities.
Heavy duty reach stackers – lifting capacity from 85 to 180 tons.
VIEW ALL OUR CUSTOM-BUILT HEAVY DUTY REACH STACKERS

Contact us now: +45 99 83 83 83 - www.nc-nielsen.com

Words of support …

After advertising with Forkliftaction.com, we got many enquiries regarding interest to be our distributor. Mostly from Europe and USA but including a few in ASEAN. We feel that the advertisement was useful and good for market expansion.

Lawrence Xu, Assistant Sales Manager

Are you recruiting? Find your ideal candidate among a diverse range of materials handling professionals:

Forkliftaction's JOB MARKET

We’re excited to launch a major upgrade to the Forkliftaction forums, packed with new features and improvements. Here’s what’s new:

  • You can now add up to two photos to your posts
  • New search & navigation - find what you need easier
  • Smart brand/model tagging across all forums
  • Top contributors recognised for their efforts!

 Head over to the forums to check it out!

PREMIUM business

VETTER Industrie GmbH
The world's most comprehensive range of forks and the most intelligent sensor fork for more safety and efficiency.

Are you recruiting? Find your ideal candidate among a diverse range of materials handling professionals:

Forkliftaction's JOB MARKET

PREMIUM business

MAXAM Tire, Inc.
Simplify your productivity with MAXAM's range of performance material handling tires, designed with the latest EcoPoint3 technology.

Are you recruiting? Find your ideal candidate among a diverse range of materials handling professionals:

Forkliftaction's JOB MARKET

We’re excited to launch a major upgrade to the Forkliftaction forums, packed with new features and improvements. Here’s what’s new:

  • You can now add up to two photos to your posts
  • New search & navigation - find what you need easier
  • Smart brand/model tagging across all forums
  • Top contributors recognised for their efforts!

 Head over to the forums to check it out!