A former chief executive of a multimillion-dollar technology company could have “put everyone at risk” after he sailed from a Sydney hotspot and lied on his border pass to enter Queensland from locked-down Sydney.

Melbourne businessman Jeromy Young, the co-founder of Atomos, a video technology company, was one of four people on board who were fined $5000 each by authorities in Queensland and NSW.

The group have so far returned negative COVID-19 tests, but Queensland Premier Annastacia Palaszczuk described the situation as disappointing.