Lip Lab founder could lose her beauty businesses over $280,000 hidden under a rock
Table of Contents
- Kimberley Treacy could lose her property portfolio if found guilty
- NSW Crime Commission is trying to seize $133,970 found in a plastic Aldi bag
- $151,000 was found in her home, including $79,950 hidden in a Christmas gift
- Treacy pleaded not guilty to the commercial supply of cocaine and ice
Lip Lab founder Kimberley Treacy could lose her property portfolio under proceeds of crime laws over ‘unexplained wealth’.
The NSW Crime Commission is trying to seize the $133,970 found in a plastic Aldi bag under a rock near her southwest Sydney home.
An additional $151,000 was found in the house, including $79,950 hidden in a Christmas present.
The 31-year-old and her boyfriend Shannon Macauley, 38, were arrested at her Camden beauty business in March.
Kimberley Treacy, 31, and her boyfriend Shannon Macauley, 38, were arrested at her Camden beauty business in March
The mother-of-two (left) made her millions after she and her sister (right) created cruelty-free beauty line Lip Lab Cosmetics, with 14 stores across Australia
She pleaded not guilty to the commercial supply of cocaine and ice.
Macauley claimed his girlfriend didn’t know about the drugs and money. He pleaded guilty to commercial drug supply and was sentenced to a minimum six years’ jail.
Treacy faces two charges of publishing false and misleading material to obtain property and two charges of obtaining property by deception, The Daily Telegraph reports.
The mother-of-two made her millions after she and her sister created cruelty-free beauty line Lip Lab Cosmetics, with 14 stores across Australia.
Clients can mix their own unique shades of lipstick by using a one-of-a-kind blending machine.
Treacy and Macauley’s assets, including a nine-acre plot of land at Orangeville and a Toyota Camry, has been seized by the crime commission.
It has also frozen her shares in Laser Express Australia Pty Ltd and her Camden Medi Spa.
During Macauley’s trial, police described him as a ‘drug mastermind’ after raiding his home in 2016 and finding $133,970 cash, 105g of ice and 380g of cocaine in the plastic Aldi bag.
Macauley had a criminal record including armed robbery, shooting at someone, car theft and having stolen goods in his custody.
The crime commission asked the NSW Supreme Court to order Treacy and Macauley pay back the value of their ‘unexplained wealth’.
The case will return to court on November 9.
Treacy and Macauley’s assets, including a nine-acre plot of land at Orangeville and a Toyota Camry, has been seized by the crime commission. Pictured with her sister (right)
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