Police strongly believe there are more high-profile victims of Titus Day, Guy Sebastian's former manager who has been charged with defrauding the Australian Idol winner of more than $1 million, a court has heard.
Mr Sebastian's manager of more than 10 years was arrested at the $4 million Bondi home he shares with his parents, wife and children on Wednesday night and taken to Waverley police station, where he spent the night after being refused bail on 61 counts of dishonestly obtaining financial advantage by deception.
Titus Day, Guy Sebastian's former manager, leaves Waverley Local Court on Thursday. Credit:Edwina Pickles
Police allege that Mr Day failed to pass on international royalties owed to Mr Sebastian on almost 20 occasions.
"Five were paid and 19 remained in the trust account or were diverted into other accounts," Waverley Local Court magistrate Ross Hudson said on Thursday, noting police "strongly believe there are more high-profile victims".
Mr Day was entitled to a 10 per cent commission on his client's earnings, the court heard.
Upon his arrest, Mr Day told the custody manager at Waverley police station that the matters he was charged over were also before a civil court. He did not comment further.
Former friends: Singer Guy Sebastian (right) and his ex-manager Titus Day.Credit:SMH
Mr Day was the sole person with access to the trust account in question, the court heard.
"It appears that it could be said to be a strong prosecution case," the magistrate said.
"Police will allege in court that the man knowingly withheld $1.15 million in earnings from a client between December 2013 and April 2020," NSW Police said in a statement on Wednesday night.
The arrest comes after years of acrimony between the Australian Idol winner and his former manager and friend.
Last year, the Federal Court heard allegations that Mr Day and Mr Sebastian owed each other hundreds of thousands of dollars.
Appearing via video link from Waverley police station, Mr Day was granted bail on a number of strict conditions including daily reporting to Waverley police station, surrendering his passport and the payment of a $10,000 surety.
Mr Day walked out of the police station with his solicitor Lauren MacDougall on Thursday afternoon.
"The charges will be defended," she said.
His case, which has been referred to the Director of Public Prosecutions' office, will return to the Downing Centre Local Court in a fortnight.
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Sally Rawsthorne is a Crime Reporter for The Sydney Morning Herald.
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2020-07-02 04:45:52Z
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