Lukas Kamay, the young banker allegedly behind one of the biggest insider trading schemes Australia has ever seen, has been revealed as the successful bidder behind a luxury multi-million dollar apartment seen on reality show The Block.
The Albert Park loft apartment, designed by twin sisters Alisa and Lysandra Fraser, sold at auction last month for $2.375 million, more than half a million above the reserve price of $1.76 million.
That’s quite a chunk of change. Do you even have any idea how much cocaine $2.375 million would buy you? No, really, I have absolutely no idea how much cocaine that would buy, and I’m asking for a friend.
The pair allegedly made their money by sharing secret information about movements in the Australian dollar, ahead of the release of key economic data. They tried to hide their activities by deliberately incurring losses in foreign exchange markets.
After a tip-off about their illegal activities, the pair were monitored by both physical and electronic surveillance. Congratulations nerds, I guess your crossover Block-Wire erotic fan fiction stories just gained way more credibility.
via The Herald Sun
Picture via ABC News
