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Victoria Police has arrested a third man as part of an ongoing investigation into an alleged $100 million fraud involving six banks.
The 43-year-old Rowville man was arrested today. He has been interviewed by police and charged with more than 140 fraud-related offences, according to Victoria Police.
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“The fraud is alleged to have taken place during the past 10 years and relates to fraudulent loans secured by an accounting firm,” a spokesperson said.
“So far police have investigated over 40 incidents totalling around $100 million.”
The Adviser reported this morning that professional poker player Bill Jordanou had appeared in Melbourne Magistrates Court earlier this week as part of the same case.
The alleged fraud involves the Commonwealth Bank, ANZ, Westpac, Bankwest, St George and Bank of Queensland and is said to include a home loan scam.
