Inside the stunning fall of a high-flying banker as he admits to drink driving almost four times over the limit while on bail for assaulting his glamorous ex-wife

  • Fredrik Blencke,50, has pleaded guilty to charges of drink driving and assault
  • Blencke blew a high blood alcohol reading in February last year while on bail 
  • The assault charge stems from grabbing his wife‘s phone in August last year
  • It has been a dizzying fall from grace for the former high-flying Sydney banker 
  • After being cleared of three related charges he will be sentenced on October 19 

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An ex-banker has admitted to assaulting his wife and drink driving at almost four times the legal limit in the latest sad milestone in is his dizzying fall from grace.

Fredrik Blencke, 50, blew a reading of 0.183 when police stopped his silver Mercedes-Benz in the Northern Rivers region of NSW on February 26, while he was on strict bail conditions not to consume alcohol

He had already spent Christmas and New Year in jail for breaching his bail conditions that stemmed from the charge of assaulting his then-wife Annabelle Price, 30, on August 16.

Fredrik Blencke, 50, has pleaded guilty to assaulting his wife Annabelle Price, 30, in the couple's Vaucluse home (pictured together)

Fredrik Blencke, 50, has pleaded guilty to assaulting his wife Annabelle Price, 30, in the couple’s Vaucluse home (pictured together)

On that occasion he grabbed Ms Price’s phone out of her hand while they were living in a rented $3,400 a week mansion in the exclusive Sydney eastern suburb of Vaucluse.

He pleaded guilty to the offence but on Tuesday was found not guilty in Sydney’s Downing Centre Local Court of one additional assault and two charges of breaching an apprehended violence order arising out of August incident.

Police arrested Blencke about 8.50pm on February 26 after he allegedly blew 0.183 in a roadside breath test in Byron Street at Bangalow. He is pictured with his wife 

Magistrate Juliana Croft said Blencke will be sentenced in the Downing court on October 19.

Police pulled Blencke over in the town of Bangalow around 8.50pm on February 26.

Officers ‘noticed his breath smelt of alcohol, his movements were slow and sluggish, and his speech was confused,’ the police statement said according to The Daily Telegraph.

‘The accused admitted to consuming three glasses of red wine while having dinner at Ciao restaurant in Bangalow.’

The father-of-three’s strict bail conditions at the time included not drinking alcohol or attending licensed premises. 

‘Not even a Chinese restaurant, Mr Blencke,’ Ms Milledge said. ‘You’ll be dining on take away only,’ Magistrate Milledge said at the time.

Blencke was branded 'out of control' by a magistrate, who went on to grant him bail

Blencke was branded ‘out of control’ by a magistrate, who went on to grant him bail

Fredrik Blencke and his wife are friends with high-powered socialites Ellie and Charlie Aitken, and Hollie and Christopher Nasser Pictured left to right: Blencke, Mr Nasser, Hollie Nasser, Ellie Aitken, Charlie Aitken

Fredrik Blencke and his wife are friends with high-powered socialites Ellie and Charlie Aitken, and Hollie and Christopher Nasser Pictured left to right: Blencke, Mr Nasser, Hollie Nasser, Ellie Aitken, Charlie Aitken

Magistrate Juliana Croft said Blencke will be sentenced in the Downing court on October 19

Magistrate Juliana Croft said Blencke will be sentenced in the Downing court on October 19 

Blencke had been staying at Lune de Sang, an award-winning 146 hectare timber plantation in the Byron Bay hinterland owned by one of his friends when he was pulled over.

The luxury property featured as one of two filming locations for the Hulu mini-series Nine Perfect Strangers starring Nicole Kidman, Melissa McCarthy and Luke Evans. 

According to his LinkedIn profile, Blencke specialises in providing bespoke investment management solutions for high net worth clients. 

But a former friend of Blencke’s told Daily Mail Australia his contract was terminated after his release from prison. 

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