LATEST @ July 2, 12.00 PM | Guy Sebastian’s former manager has been granted bail after being charged with allegedly defrauding the singer-songwriter of more than $1.15 million.
Titus Day was taken into custody at his Bondi home just after 6.30pm on Wednesday and questioned by detectives before being charged with 61 counts of dishonestly obtaining financial advantage by deception.
Police allege Mr Day “knowingly withheld $1.15 million in earnings” from his client between December 2013 and April 2020.
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The 47-year-old was arrested after local detectives launched an investigation into Mr Day, noticing inconsistencies in financial documentation and bank account records.
He appeared in Waverley Local Court this morning, where he was granted bail under a number of strict conditions.
Some of those include not being allowed to contact his former client Guy Sebastian, surrendering his passport and submitting a $10,000 surety.
According to his lawyer, Mr Day intends to fight the charges.
Following the arrest overnight, Guy Sebastian released a statement online saying he was “absolutely devastated to learn the nature and detail of the charges”.
“All my income was controlled via Titus into a Trust account and after noticing some disparities in payments, I requested important financial information that I was rightfully entitled to, and upon doing so our relationship began deteriorating,” the singer said.
Day and Sebastian parted ways in 2017, after a working relationship spanning more than 11 years.
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EARLIER @ JULY 1, 9.30 PM | Guy Sebastian’s former manager has been arrested for allegedly defrauding the popular singer-songwriter of more than $1.15 million over seven years.
Titus Day was taken into custody by Sydney detectives at his Bondi home just after 6.30pm on Wednesday.
NSW Police confirmed the news in a statement issued a short time ago, writing “a celebrity manager has been arrested after allegedly defrauding another man of more than $1.15 million over a seven-year period.”
“On Wednesday 3 June 2020, officers from South Sydney Police Area Command received a report of an alleged fraud committed against a 38-year-old man.”
Police said inquiries revealed a number of frauds were allegedly committed between December 2013 and April 2020.
The 47-year-old has been taken to Waverley Police Station, where he is expected to be charged with fraud-related offences.
Day and Sebastian parted ways in 2017, after working together for 12 years.