A Sydney man allegedly involved in a $1.8 million fraudulent superannuation scheme will face court today.
NSW police charged the 47-year-old man with 20 counts of deception and dishonestly taking financial advantage; seven counts of using false documents; and three counts of creating false documents.
He was arrested in Bondi yesterday, refused bail and is due to face Waverly Local Court today.
The investigation is ongoing, NSW police said in a statement.
The arrest is part of Strike Force Garigal, established by detectives in December last year investigating fraudulent activities around the Northern Beaches. Police have urged anyone with information to come forward.
Last month, police arrested the director of a Woollahra-based finance and investment company for allegedly defrauding elderly clients of their life savings.
The arrest was part of Strike Force Penwell which investigated the activities of the company which has now been de-registered.