Borrower

Mortgage fraud suspect arrested

By Staff Reporter• Monday, 1 Nov 2010•2 min read

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Jessica Darnbrough

A 54 year old man from Auburn has been arrested on suspicion of $3.9 million mortgage fraud.

Fraud squad detectives charged the man on Friday afternoon with conspiracy to cheat and defraud, and pay corrupt commission.

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He was granted conditional bail to appear at Downing Centre local court on 25 November, 2010.

Strike Force Apia was established in September 2007 to investigate incidents of alleged large-scale mortgage fraud.

To date, 13 people have been arrested by Strike Force Apia detectives.

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