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Man charged over alleged fraud - Sydney City LAC

Thursday, 02 March 2017 01:21:00 AM

A man has been charged over multiple alleged fraud offences in Sydney.

On Tuesday 7 February 2017, a 28-year-old man, who is a Lithuanian National, set up a bank account at a financial institution.

On Monday (27 February 2017), over $62,000 was deposited in the account via an unauthorised bank transfer from a business.

It is believed the organisation’s computer system had been compromised via malware which facilitated the unauthorised transaction.

On Tuesday (28 February 2017) the man attended numerous banks withdrawing the money.

About 12pm the same day, he attended a financial institution on George Street, Haymarket, where staff became suspicious and alerted police. However, the man left prior to police attendance.

About 3.15pm yesterday (Wednesday 1 March 2017), he attended the financial institution again, at which time he was arrested by detectives from Sydney City Local Area Command.

The man was taken to Day Street Police Station where he was charged with nine counts of obtain financial advantage by deception.

He was refused bail to appear at Central Local Court today (Thursday 2 March 2017).