Eels Salary Cap Drama Coming To An End

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Former Parramatta chief executive Scott Seward has pleaded guilty to a fraud charge related to his role in the NRL club's salary cap scandal.

Seward, 41, pleaded guilty on Friday to dishonestly obtaining advantage by deception and also admitted publishing false or misleading material to obtain advantage.

Seward was the Eels' chief executive between September 2013 and June 2015 during which time the Eels were accused of systematically cheating the NRL salary cap by way of third-party payments.

The league stripped the Eels of 12 competition points and fined them $750,000 in 2016 when an investigation revealed the club had hidden payments and issued inflated invoices from suppliers to raise cash that was then relayed to players.

The punishment related to cap breaches between 2013 and 2016.

Seward is one of two people charged by Strikeforce Rhodium, the other being former football manager Jason Irvine.

Seward's matter was listed for sentence in Sydney's Downing Centre Local Court on July 4.

Photo: www.parraeels.com.au

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19 May 2017




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