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Pratten appeals against fraud conviction

Former insurer and insurance broker Charles Pratten has appealed against his conviction for defrauding the Commonwealth.

He is awaiting sentencing after an NSW Supreme Court jury found him guilty of seven counts related to tax fraud in June last year.

The NSW Court of Criminal Appeal will set a hearing date once the sentence has been handed down, which is thought to be imminent.

Pratten, also known as Tim Pratten, was the founder of Rural & General Insurance and later Rural & General Insurance Brokers.

He received money from Vanuatu-based companies he controlled, which he used to buy various assets but failed to declare as income on his Australian tax returns.

Pratten was charged following the Project Wickenby investigation into international tax evasion.

The maximum sentence for the offences is 10 years’ jail, and the Crown has requested he receive a “significant” custodial sentence.