Man arrested at Liverpool over alleged $6 million online scam

Detectives have charged six men - one of which was arrested at a Liverpool unit - with a total of 49 offences as part of an ongoing investigation into alleged sophisticated cyber scams and money laundering of over $6 million.

In March 2020, detectives from Nepean Police Area Command, assisted by the State Crime Command's Cybercrime Squad, established Strike Force Cocci to investigate a criminal syndicate involved in fraudulent activities across the country, including business email compromises, romance scams and laundering of funds obtained.

Following extensive inquiries, strike force detectives, with assistance of local officers from Northern Beaches, Blacktown and Liverpool, executed five search warrants at homes across Sydney this week.

During the searches, detectives seized clothing, mobile phones, computers, electronic storage devices, documentation, a replica pistol and prohibited drugs. All items will undergo forensic examination.

Five men were charged with a range of offences as a result from search warrants on Monday and Tuesday.

About 7.30am on Wednesday, July 8, a 34-year-old man was arrested at a unit at Liverpool and taken to Liverpool Police Station.

He was charged with seven counts of recklessly dealing with proceeds of crime and participating in a criminal group contributing to criminal activity.

The man was granted conditional bail to appear before Liverpool Local Court on Wednesday, August 5.

Police will allege in court that the syndicate dealt with over $6 million, obtained unlawfully from Australian businesses through business email compromise scams and online romance scams between April 2019 to February 2020.

It will be alleged that altered invoices were sent to legitimate businesses for payment through an email scam, before the funds were transferred into personal accounts.

Further funds were allegedly obtained online through fake dating profiles and accounts, where the alleged scammer posed as a romantic prospect.

Investigations under Strike Force Cocci are continuing.

  • Anyone with information that may assist Strike Force Cocci investigators is urged to contact Crime Stoppers: 1800 333 000.