A sophisticated Sydney crime syndicate accused of scamming businesses and people searching for love has been busted by NSW Police.
Six men, aged between 35 and 26, were arrested across Sydney this week following an investigation into fraudulent activities including the compromising of business email, romance scams and money laundering, NSW Police said in a statement on Wednesday.
Police allege the group gathered more than $6 million through a combination of business email and online romance scams from April last year to February.
The syndicate allegedly tricked legitimate businesses into transferring them funds by altering invoices before moving the money into personal accounts.
Fake dating profiles were also set up where the alleged scammer posed as a romantic interest and successfully lured users into sending funds, police said.
A 35-year-old man has been charged with 14 counts of recklessly dealing with the proceeds of crime and participating in a criminal group.
He was refused bail to appear at Newtown Local Court on July 20.
Two 26-year-old men were charged with recklessly dealing with the proceeds of crime and participating in a criminal group.
One of the men was refused bail to appear at Penrith Local Court later on Wednesday while the other was granted conditional bail to appear before the same court on August 17.
Two other men – aged 27 and 28 – have also been charged with participating in a criminal group. They were both refused bail to appear at Manly Local Court on July 21.
A 34-year-old man is facing seven counts of recklessly dealing with the proceeds of crime and participating in a criminal group.
He was granted conditional bail and is due to appear before Liverpool Local Court on August 5.