Wednesday, May 21, 2008

Businessman charged with $4.1m fraud - ABC News - 21 May 2008

A Sydney businessman accused of fraudulently obtaining loans and investments worth more than $4.1 million has been charged
About two years ago, fraud squad detectives started investigating complaints from several people who claimed their Certificates of Title for Land had been used without permission to obtain loans.

The 46-year-old, who works in the finance sector, turned himself in at Parramatta Police Station about 12:30pm (AEST) yesterday.

He was charged with 26 offences and refused bail to face Parramatta Local Court this afternoon.
Police say their investigation is continuing.

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