“Strangely unsophisticated”: Coles executive caught stealing $1.9 million

Coles executive

Source: Reuters/Loren Elliott

Former Coles Online executive Aaron Baslangic, who stole $1.9 million from the retailer, has pleaded guilty at the Melbourne Magistrate Court to deception.

According to the Guardian, Judge Duncan Allen described Baslangic’s conduct as “strangely unsophisticated, bizarre and inexplicable” and added, “brazen, that’s one word for it. The other word is incredibly stupid”.

“A year 12 student could have worked out where this money was going.”

In 2019, Baslangic made 14 illegal payments ranging from $10,000 to more than $400,000 to fictitious businesses with a bank account in his name while others were sent to the Australian Taxation Office which were then redirected into eight different personal bank accounts.

COMMENTS


Reader comments will be back online shortly. In the interim send us any tips or feedback via news@smartcompany.com.au.