Costa Rica based currency transfer company has been shutdown.
Allegedly Western Union Transfer needs to have the same thing happen.
Major fraud investigation nets 29th arrest - SCC Fraud and Cybercrime
Friday, 03 October 2014 03:56:40 AM
Detectives from the Fraud and Cybercrime Squad have arrested a man as part of an ongoing investigation into a syndicate involved in major fraud offences.
Last year (2013), detectives from the Fraud and Cybercrime Squad formed Strike Force Kaye to investigate fraud offences after numerous electronic devices were found during a search warrant at a property in The Rocks on 10 May 2013.
Inquiries led to police uncovering an alleged fraud syndicate involved in 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. That company was shut down by an overseas government last year.
Around 10am yesterday (Thursday 2 October 2014), a 28-year-old Eagle Vale man attended Macquarie Fields Police Station, where he was arrested by Strike Force Kaye detectives and subsequently charged with:
- Two counts of fraud;
- One count of using a false document; and,
- One count of participating in a criminal group.
The man was granted conditional bail to appear before Campbelltown Local Court on 27 October 2014.
In court detectives will allege that in April 2013, the 28-year-old man used false documentation to gain access to a bank account that was not his own. After being granted access to the account, the man transferred $139,000 into his own account.
The man is the 29th person to be charged by Strike Force Kaye detectives. More than 316 charges – relating to fraud, cybercrime and identity crime offences – have been preferred by Strike Force Kaye detectives to date.
The Acting Commander of the NSW Police Force’s Fraud and Cybercrime Squad, Detective Acting Superintendent Matthew Craft, said Strike Force Kaye was not over yet.
“Strike Force Kaye detectives have done an outstanding job, but they are not finished,” Detective Acting Superintendent Craft said.
“So far, we have arrested and charged 29 people involved in this syndicate and we expect to make more arrests in the months ahead.
“Fraud is a serious crime that can have a devastating impact on victims. Some people lose their entire life savings as a result of fraudulent scams devised by organised criminals.
“We are committed to tracking down, arresting and charging anyone involved in fraudulent activity and encourage community members to help us find these criminals.
“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.”
Police are urging anyone with information in relation to this incident to call Crime Stoppers on 1800 333 000 or use the Crime Stoppers online reporting page: https://nsw.crimestoppers.com.au/ Information you provide will be treated in the strictest of confidence. We remind people they should not report crime information via our Facebook and Twitter pages.
