A high-profile fraud case involving one of Australia’s most prominent billionaire philanthropists has taken a new turn, with prosecutors adding 12 fresh criminal charges against the woman accused of stealing $1.6 million from her employer. Annalouise Spence, 51, who served as Judith Neilson’s personal secretary for several years until 2025, now faces a total of 140 charges connected to the alleged misuse of Neilson’s business credit card. The 12 new counts, all formalized in court on Thursday, are additional charges of dishonestly obtaining property through deception.
Investigators allege that between December 2019 and November 2024, Spence used the company credit card to fund years of unauthorized spending on high-end personal goods and experiences. Among the documented extravagant purchases is a $29,118 trip to Seattle, Washington, which included first-class airfare and concert tickets to see the iconic rock band The Cure. Prosecutors have put the total value of the misappropriated funds at roughly $1.6 million Australian dollars.
Neilson, a respected figure in Australia’s cultural and philanthropic sectors, is best known for founding the Judith Neilson Foundation, which supports at-risk communities across Australia and sub-Saharan Africa. She also owns two leading contemporary art galleries in Sydney, was appointed a Member of the Order of Australia in 2016 for her contributions to the arts, and holds an honorary doctorate from the University of New South Wales. She is the former wife of prominent Australian investment billionaire Kerr Neilson.
Spence spent two months in pre-trial detention at Dillwynia Correctional Centre, a maximum-security women’s facility near Sydney, before she was granted bail in mid-June. Her release required a $1 million surety, and strict bail conditions mandate that she remain in a Sydney eastern suburbs mental health facility for ongoing treatment, a arrangement her legal team says will continue for the foreseeable future.
During Thursday’s court hearing, Spence’s lead barrister Bryan Wrench, a high-profile Sydney legal figure, told the magistrate his team has yet to receive any official evidence brief from prosecutors in the case, despite the investigation dating back to April 2026. In an unusual and pointed observation, Wrench also noted the irony of Spence’s pre-trial detention: Neilson, the alleged victim, is a major donor to a prominent Australian organization that advocates for keeping low-risk women offenders out of prison.
Wrench requested that Spence be excused from attending the next court hearing, scheduled for August 27, due to her ongoing residential mental health treatment. Magistrate Clare Farnan did not push back on the delay in evidence disclosure, noting that the slow progress in this case was far less problematic than other matters on her court docket that day.
