A man has been arrested for more than 100 incidents of electronic fraud, as police say they have uncovered an east coast syndicate.
A man has been arrested for more than 100 incidents of electronic fraud, as police say they have uncovered a syndicate running along Australia’s east coast.
Police arrested the 23-year-old on Tuesday at a Brisbane property before bringing him to NSW, where he is wanted for skipping scheduled court appearances.
Police issued 14 warrants for the 23-year-old’s arrest relating to 96 fraud-related offences amounting to $1.8 million.
He is allegedly part of a syndicate involved in computer hacking, identity crime and other fraud offences, as well as the use of a Costa Rica-based currency transfer and payment-processing company to launder money.
So far, 18 people have been arrested and collectively charged with 236 fraud-related offences.
“Unlike armed robberies or bag snatches, which typically occur while the victim is present, fraud victims are often completely unaware that they are being robbed,” Detective Superintendent Arthur Katsogiannis said in a statement.
“If you suspect you may have been the victim of fraud, or you know of anyone who is committing fraudulent acts, please contact Crime Stoppers immediately.”
Just before they arrested the 23-year-old, police uncovered a large amount of cash and numerous electronic devices during a raid on a Melbourne house.
The man appeared in court in Brisbane on Tuesday for extradition to Sydney on Wednesday.