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AAP
AAP
National
Miklos Bolza

Sydney man jailed over $2 million fraud

A Sydney businessman has been jailed after defrauding a Queensland printing business of more than $2 million through shell companies and fake directorships.

Self-proclaimed startup pioneer and cryptocurrency investor Abdul Helou, 38, was sentenced to a maximum of 16 months in jail on Wednesday after pleading guilty to his role in the scheme.

Magistrate James Viney imposed the sentence, which includes an eight-month non-parole period, after finding Helou had helped James Leon in defrauding Queensland business PMFA out of more than $2 million.

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