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Sydney multi-million dollar identity fraud and money-laundering syndicate

The 50-year-old man was arrested by officers from Strike Force Gamut this afternoon at a home at Ashfield in Sydney's inner west. alleged multi-million dollar identity fraud and money-laundering syndicate have charged a man after a raid on a Sydney house. He was taken to Burwood Police Station where he was questioned and later charged with participating in a criminal group, dealing in the proceeds of crime and fraud-related offences. He has been refused bail to appear at Parramatta Local Court on Wednesday. Strike Force Gamut has been investigating the alleged activities of an organised crime group, which steals cheques and personal banking details from mailboxes. The personal details are then used to produce high quality counterfeit identity documents, including drivers' licences and Medicare cards, police said.
It's alleged the gang uses the documents to open bank accounts used to launder money and send it offshore. Investigators have released images of four men and three women they believe are involved and are appealing for the public's help in identifying and locating them.

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