“The ARITA Board has long believed in the approach advocated by the Hayne Royal Commission to the need for professional associations to ensure members are held accountable for alleged breaches of professional standards. and that the public has a right to know [the outcomes of an investigation] … so that they [can] make informed decisions about working with these people in the future.
“In this case and given the seriousness of the allegations, the ARITA Board of Directors has also suspended Mr. Quill’s membership and has decided to release this statement.”
Reported to ASIC, Police
ARITA’s Professional Conduct Committee is reviewing Mr. Quill’s actions.
Mr Quill, through his legal representatives Maddocks Lawyers, declined to comment.
ARITA’s statement noted that Deloitte informed it of the lawsuit against Mr. Quill before it became public.
Deloitte has previously said it fired Mr Quill and reported him to the Australian Securities and Investments Commission and the police. The company has also agreed to reimburse affected customers.
As a professional body, ARITA is responsible for training and disciplining its members. Its members, which number about 2,200 professionals, comprise about 85%, or about 550, of the country’s registered liquidators. Only registered liquidators are allowed to take a formal appointment to liquidate a business, act as a receiver, or run a benevolent administration.
Deloitte alleged that Mr. Quill had claimed work expenses from the firm for transactions made on his work credit card between 2016 and 2022, which were actually personal expenses that included the purchase of “art and luxury”.
He then allegedly submitted fake invoices to the company by manipulating genuine invoices from third-party vendors to make it look like they were for work-related expenses, backing some up with fake emails claiming to be from a partner. from Deloitte.
Deloitte allegedly identified “the purchase of numerous works of art and art objects, furniture, jewelry, luxury clothing and watches” made by Mr Quill as part of the scheme.
An order freezing Mr Quill’s assets revealed he owned more than 100 works of art and sculptures by artists including Archibald Prize winner Guy Maestri and internationally acclaimed street photographer Fred Herzog, des dozens of designer furniture and expensive technologies such as Bang. & Olufsen sound systems.
Deloitte is now in possession of these assets, which it will sell to recover funds. Mr Quill has also been ordered to sell his 2020 Alfa Romeo Giulia Veloce by early June and hand over any money left over from that sale after the financing has been repaid, along with proceeds from his recent sale of a house of $1.7 million in Melbourne. Faubourg d’Aubépine.