John Friedrich was an German-
Australian businessman who was
arrested for fraud 1991 for his involvement in
unsecured loans taken out by the
National Safety Council.
When
Friedrich's misappropriation was discovered, he went on the run,
evading police for one week. Many Australians will remember seeing his face on nightly news bulletins as a national
manhunt proceeded. Friedrich was eventually captured when he was identified by a
Melbourne taxi driver.
Friedrich's fraud involved securing loans with nonexistant safety equipment (notably
helicopters). Several Million
Australian dollars were involved.
John Friedrich committed
suicide in 1991.