A man is due to appear in Tweed Heads Local Court today charged over an alleged fraud of more than $24 million.
Detectives attached to Camden Police Area Command established Strike Force Wooroonga after receiving a report in July last year (2022), that a local businessman had allegedly misappropriated his clients’ investments.
Following extensive inquiries, detectives attached to Queensland Police’s Coomera CIB arrested a 40-year-old man on Hope Island on Monday (8 May, 2023), by virtue of a NSW Police arrest warrant.
When the man appeared in the Southport Watchhouse yesterday (Tuesday, 9 May, 2023), NSW Police detectives successfully applied for the man’s extradition.
The man has been refused police bail and is due to appear in Tweed Heads Local Court today (Wednesday, 10 May, 2023), charged with dishonestly obtain financial advantage etc by deception.
Crime Manager, Detective Chief Inspector Paul Albury, said they will be alleging in court the man targeted ‘mum and dad-type’ investors as well as other business owners.
‘This arrest is the result of almost a year’s persistence and hard work by the Camden PAC detectives, assisted by our colleagues in the Queensland Police Service,’ Det Ch Insp Albury said.
‘We will be alleging in court that this man targeted “mum and dad-type” investors as well as other business owners.
‘We encourage anyone who believes they have been the victim of a crime such as this to contact police,’ he said.
