The deputy commissioner of the Australian Taxation Office (ATO) is facing charges over a major tax fraud

Among those arrested was Adam Cranston, apprehended at his flat in the affluent beach suburb of Bondi. He is the son of one of Australia's most senior tax officials, Michael Cranston. AFP deputy commissioner of operations Leanne Close says it is a significant fraud investigation, with the proceeds funding lavish lifestyles.

Seized items from the AFP raids Source: AAP