Satch fashion designer Jim Sachinidis’ bizarre five-word response after being busted crawling under a woman’s garage door and putting a tracker on her car
A high-end fashion designer has pleaded guilty after he was caught placing a tracking device on a woman’s car.
The co-founder and designer of defunct clothing brand Satch, Jim Sachinidis, faced the Melbourne Magistrates’ Court via video link on Thursday charged with stalking.
The court heard the 53-year-old used a stolen key to enter a woman’s garage in Elwood before messing around and ‘tampering’ with her car.
Sachinidis was under the vehicle for approximately 15 minutes and is said to have attached a tracking device during that time.
He was arrested on May 2 and denied the charge, arguing “that’s not me” when police confronted him with CCTV footage.
“A lot of people have beards,” he told police, Herald Sun defeated.
The court heard that Sachinidis’ offending escalated since 2022 after a business collapse led to drug use.
At the time of the stalking charge, Sachinidis was homeless and using methamphetamines.
Co-founder of defunct clothing brand Satch, Jim Sachinidis (pictured), has pleaded guilty to stalking a woman after placing a tracking device under her car
He will be assessed for community service and will appear in court again on Friday to hear his sentence. He has already spent 54 days in custody.
Sachinidis was previously described as an ‘incredibly successful’ and ‘successful’ businessman after co-founding unisex clothing brand Satch in 1996.
The company had now grown into a company with 14 boutiques in major cities in Australia and achieved a turnover of approximately $ 10 million per year.
Satch hit a slump in 2009 when sales fell by more than 35 percent. In 2011, the company declared bankruptcy with debts of more than $7.4 million.
Stephen Dixon of BDO Partners said at the time that Satch’s situation was the result of falling sales, high costs, improper inventory and poor accounting in a tough retail environment.
“The administrators believe that the company’s internal reporting was inadequate and have also determined that director withdrawals were at an excessively high level given the company’s poor trading performance and position,” Mr Dixon told us. The Australian.
The court heard Sachinidis told police “that’s not me” and that “lots of people have beards” when confronted with CCTV footage after he was arrested in May