In actual fact this was a diversion as they held several bonds, false promissory and insurance notes that they later claimed on, netting an estimated half a billion $A. Later on authorities managed to recover $469,000,000 but the missing 30 Million or so was never recovered.
It is suspected that this money was wasted/hidden on various projects, funds and gambling that the two used to fund their retirements with.
In a similar way to referring the famous Nigerian scams, named after section 419 of the Nigerian Constitution. This scam can be called a 469.
noun : Hey Mr 469 (referring to a Prime Hustler)