Gold Coast developer David McWilliams charged over alleged $10 million disability fund misuse
Gold Coast property developer David McWilliams faces 13 criminal charges for purportedly diverting NDIS disability housing money, with prosecutors gathering extensive evidence.
Prosecutors have compiled more than 90 witness statements and over 3,000 exhibits in a case against David McWilliams, a Gold Coast developer. He is accused of 13 offences tied to the alleged misuse of funds earmarked for NDIS-backed specialist disability accommodation. Regulators claim he spent over $10 million of investor capital on luxury items and risky investments. The investigation is being pursued by ASIC.
Why it matters
Misuse of disability housing funds threatens vulnerable Australians and raises concerns about corporate oversight.
In this story
disability housing fundsNDISSpecialist Disability Accommodationcriminal chargesevidenceluxury purchaseshigh-risk investments$10 millionGold Coast developer