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Property tycoon breaks down in tears after being remanded over $20m extortion case

Paul Fridman is facing charges over an alleged $20 million extortion plot involving firebombings and a shadowy offshore enforcer.

+3 Reposted by 3 other sources

Paul Fridman is facing charges over an alleged $20 million extortion plot involving firebombings and a shadowy offshore enforcer.

2 days ago·Sydney, Australia

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Sydney Morning Herald broke the news in Sydney, Australia 2 days ago on Monday, March 16, 2026.

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Paul Fridman faces multiple charges after allegedly hiring an overseas operator to extort $20 million from former partners; police allege a firebombing was part of the intimidation.